Error Correction and Long-Run Equilibrium in Continuous Time
نویسندگان
چکیده
منابع مشابه
A Structural Vector Error Correction Model with Short-run and Long-run Restrictions
We consider structural vector error correction models (VECMs) in which permanent shocks are partially identified with a set of long-run restrictions, and fully identified with an additional set of short-run restrictions. An identification method with a combination of short-run and long-run restrictions has been studied in the vector autoregressive models literature, but not thoroughly applied t...
متن کاملContinuous quantum error correction
We describe new implementations of quantum error correction that are continuous in time, and thus described by continuous dynamical maps. We evaluate the performance of such schemes using numerical simulations, and comment on the effectiveness and applicability of continuous error correction for quantum computing.
متن کاملContinuous error correction
We propose a new approach to study the evolution of a quantum state that is encoded in a system which is continuously subject to the operations required to implement a quantum error correcting code. In the limit of continuous error correction we introduce a Markovian master equation that includes the effects of: a) Hamiltonian evolution, b) errors caused by the interaction with an environment a...
متن کاملThe Long-Run Behavior of Continuous Time Bayesian Networks
The continuous time Bayesian network (CTBN) is a temporal model consisting of interdependent continuous time Markov chains (Markov processes). One common analysis performed on Markov processes is determining their longrun behavior, such as their stationary distributions. While the CTBN can be transformed into a single Markov process of all nodes’ state combinations, the size is exponential in t...
متن کاملStability and Long Run Equilibrium in Stochastic Fictitious Play
In this paper we develop methods to analyze the long run behavior of models with multiple stable equilibria, and we apply them to a well known model of learning in games. Our methods apply to discrete-time continuous-state stochastic models, and as a particular application in we study a model of stochastic fictitious play. We focus on a variant of this model in which agents’ payoffs are subject...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Econometrica
سال: 1991
ISSN: 0012-9682
DOI: 10.2307/2938169