Price expectations and cobwebs under uncertainty

DOI10.1023/A:1021066304288MaRDI QIDQ1854744zbMATH OpenOpenAlexFDO

Authors Yuri M. Kaniovski, Sjur Didrik Flåm

Publication date 27 January 2003

Published in Annals of Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1023/a:1021066304288

zbMATH Keywords

adaptive learningcobweb modelsfixed pointrational expectationsstabilitystochastic approximation

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Auctions, bargaining, bidding and selling, and other market models (91B26)

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Cited in

(16)

• On deregulating food prices
• Stochastic gradient learning in the cobweb model
• Genetic algorithm learning and the cobweb model
• Complexity analysis of dynamic noncooperative game models for closed-loop supply chain with product recovery
• Research on game model and complexity of retailer collecting and selling in closed-loop supply chain
• Learning in a double-phase cobweb model
• Dynamic pricing strategy and coordination in a dual-channel supply chain considering service value
• The dynamics of the cobweb when producers are risk averse learners
• Cobweb dynamics under bounded rationality
• Dynamic analysis of the game between land supply and housing prices
• The Competitive Firm and Price Expectations
• Uncertainty, expectations and asset price dynamics. Essays in honor of Georges Prat
• Adaptive learning and roads to chaos. The case of the cobweb
• A cobweb model with local externalities
• Price stabilization using buffer stocks
• A stochastic cobweb dynamical model

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