This paper provides a general framework for analyzing self-confirming policies. We study self-confirming equilibria in recurrent decision problems with incomplete information about the true stochastic model. We characterize stationary monetary policies in a linear-quadratic setting.

A framework for the analysis of self-confirming policies

Battigalli, Pierpaolo;Cerreia Vioglio, Simone;Maccheroni, Fabio
;
Marinacci, Massimo;
2022

Abstract

This paper provides a general framework for analyzing self-confirming policies. We study self-confirming equilibria in recurrent decision problems with incomplete information about the true stochastic model. We characterize stationary monetary policies in a linear-quadratic setting.
2022
Battigalli, Pierpaolo; Cerreia Vioglio, Simone; Maccheroni, Fabio; Marinacci, Massimo; Sargent, Thomas
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11565/4049544
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