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A note on least-squares learning mechanism
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A note on least-squares learning mechanism

M.C. Chang, C.Y.Cyrus ChuKenneth S. Lin
Journal of Economic Dynamics and Control, 卷.19(5-7), 頁碼.1293-1296
1995

摘要

Least-squares learning Economics and Econometrics Control and Optimization Applied Mathematics
Marcet and Sargent (1989a,b) recently applied the approach of Ljung (1977) to analyze the convergence of the least-squares learning mechanism. The purpose of this short paper is to point out and to correct two types of errors in Marcet and Sargent's analysis. © 1995.

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