Self Confirming Equilibrium: We Can Only Learn from the Consequences of Our Decisions

Unexpected Moves Are the Most Interesting

Together with Nobel laureate Thomas Sargent, Bocconi professors Pierpaolo Battigalli, Simone Cerreia Vioglio, Fabio Maccheroni, and Massimo Marinacci investigate the game theory concept of self confirming equilibrium and its policymaking implications