We thank three anonymous referees for their insightful comments and suggestions that helped us to improve the paper. We also acknowledge helpful comments from participants of seminars at Harvard University, Princeton University, the Stockholm School of Economics, the Swiss National Bank (Zurich), the Center for Financial Studies and the Bundesbank (Frankfurt), the Econometric Society, and the Association of Swiss Economists. Valuable research assistance has been provided by Urs Fischbacher, Frederik Øvlisen, and Christian Thöni. Financial support from the National Center of Competence in Research on Financial Valuation and Risk Management is gratefully acknowledged. The National Centers in Research are managed by the Swiss National Science Foundation on behalf of the federal authorities.
Limited Rationality and Strategic Interaction: The Impact of the Strategic Environment on Nominal Inertia
Article first published online: 18 MAR 2008
Copyright © 2008 by The Econometric Society
Volume 76, Issue 2, pages 353–394, March 2008
How to Cite
Fehr, E. and Tyran, J.-R. (2008), Limited Rationality and Strategic Interaction: The Impact of the Strategic Environment on Nominal Inertia. Econometrica, 76: 353–394. doi: 10.1111/j.1468-0262.2008.00836.x
- Issue published online: 18 MAR 2008
- Article first published online: 18 MAR 2008
- Manuscript received March, 2004; final revision received November, 2007.
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