Comparing Expectational Stability Criteria in Dynamic Models: A Preparatory Overview

This paper compares the most significant expectational stability criteria that have been used to assess the plausibility of perfect foresight trajectories in forward-looking dynamical systems: determinacy of trajectories, absence of neighbour sunspot trajectories, and convergence of " evolutive " and " eductive " learning processes. It examines, within a set of increasingly complex dynamical models, the robustness of an equivalence principle suggested by the analysis of the simplest classes of those models.

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Source Assessing Rational Expectations. 2. "Eductive" Stability in Economics
Author Gauthier, Stéphane, Guesnerie, Roger
Maintainer CCSD
Last Updated November 3, 2026, 16:25 (UTC)
Created November 3, 2026, 16:25 (UTC)
Identifier ISBN: 0-262-07258-0
Language en
Rights https://about.hal.science/hal-authorisation-v1/
contributor Centre de recherche en économie et management (CREM) ; Université de Caen Normandie (UNICAEN) ; Normandie Université (NU)-Normandie Université (NU)-Université de Rennes (UR)-Centre National de la Recherche Scientifique (CNRS)
creator Gauthier, Stéphane
date 2005-11-03T00:00:00
harvest_object_id 1e0482f3-8655-4bcc-bfa3-5519e2f4e671
harvest_source_id 3374d638-d20b-4672-ba96-a23232d55657
harvest_source_title test moissonnage SELUNE
metadata_modified 2026-01-24T00:00:00
set_spec type:COUV