Learning versus habit formation: Optimal timing of lockdown for disease containment
نویسندگان
چکیده
منابع مشابه
Model averaging, optimal inference, and habit formation
Postulating that the brain performs approximate Bayesian inference generates principled and empirically testable models of neuronal function-the subject of much current interest in neuroscience and related disciplines. Current formulations address inference and learning under some assumed and particular model. In reality, organisms are often faced with an additional challenge-that of determinin...
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A number of recent papers have explored monetary policy options, including inflation targeting and inflation forecast targeting (notably Svensson (1999a, 1999b, 2000)) and price level targeting (Wolman 2000, Batini and Yates 1999, Blinder 1999). Most papers explore “optimal” monetary policy in the context of a single model. However, a number of conclusions made in the literature depend strongly...
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ژورنال
عنوان ژورنال: Journal of Mathematical Economics
سال: 2021
ISSN: 0304-4068
DOI: 10.1016/j.jmateco.2020.11.008