diff --git a/lectures/knowing_forecasts_of_others.md b/lectures/knowing_forecasts_of_others.md index 03e6d479..1b44f329 100644 --- a/lectures/knowing_forecasts_of_others.md +++ b/lectures/knowing_forecasts_of_others.md @@ -1641,15 +1641,15 @@ chapters IX and XIV, for principles that guide solving some roots backwards an a planning problem that maximizes the discounted sum of consumer plus producer surplus. -[^footnote5]: [PS05](Pearlman_Sargent2005) verify the same claim by applying machinery of {cite}`PCL`. +[^footnote5]: {cite}`Pearlman_Sargent2005` verify the same claim by applying machinery of {cite}`PCL`. -[^footnote1]: See [AHMS96](ahms) for an account of invariant subspace methods. +[^footnote1]: See {cite}`ahms` for an account of invariant subspace methods. -[^footnote2]: See [AMS02](ams) for a discussion +[^footnote2]: See {cite}`ams` for a discussion of information assumptions needed to create a situation in which higher order beliefs appear in equilibrium decision rules. A way -to read our findings in light of [AMS02](ams) is that, relative -to the number of signals agents observe, Townsend’s +to read our findings in light of {cite}`ams` is that, relative +to the number of signals agents observe, Townsend's section 8 model has too few random shocks to get higher order beliefs to play a role.