Endogenous evolution of heterogeneous consumers preferences: multistability and coexistence between groups

DOI10.1016/J.ECONLET.2016.02.018MaRDI QIDQ1668210zbMATH OpenOpenAlexFDO

Authors Marina Pireddu, Ahmad K. Naimzada

Publication date 3 September 2018

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL http://hdl.handle.net/10281/107322

zbMATH Keywords

coexistenceendogenous preferencesevolutionmultistability

Mathematics Subject Classification ID

Evolutionary games (91A22) Individual preferences (91B08) Consumer behavior, demand theory (91B42) Heterogeneous agent models (91B69)

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Cites work

• Evolution of preferences in an exchange economy

Cited in

(8)

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• Complex dynamics in an evolutionary general equilibrium model
• Strong coexistence for a model with endogenous evolution of heterogeneous agents
• Fashion cycle dynamics in a model with endogenous discrete evolution of heterogeneous preferences
• Fashion cycle dynamics induced by agents' heterogeneity for generic bell-shaped attractiveness functions
• EMULATION, PREVENTION AND SOCIAL INTERACTION IN CONSUMPTION DYNAMICS
• An evolutive discrete exchange economy model with heterogeneous preferences
• A general equilibrium evolutionary model with two groups of agents, generating fashion cycle dynamics

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