Path dependence in models with fading memory or adaptive learning

DOI10.1007/978-981-15-3623-6_3MaRDI QIDQ5148534zbMATH OpenOpenAlexFDO

Authors Gian-Italo Bischi, Laura Gardini, Ahmad K. Naimzada

Publication date 4 February 2021

Published in Games and Dynamics in Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/978-981-15-3623-6_3

zbMATH Keywords

attractorsbasinsbifurcationseconomic dynamicsexpectationslearning

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Economic dynamics (91B55) Economic growth models (91B62)

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Cites work

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Cited in

(9)

• Adaptive and statistical expectations in a renewable resource market.
• Convergence for difference equations with vanishing time-dependence, with applications to adaptive learning
• Path dependence and learning from neighbors
• Exponentially fading memory learning in forward-looking economic models.
• Hybrid dynamics of multi-species resource exploitation
• Learning in a double-phase cobweb model
• Learning can generate long memory
• Mann iteration with power means
• Discrete dynamical systems in economics: two seminal models and their developments

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