Production delays, supply distortions and endogenous price dynamics

DOI10.1016/J.CNSNS.2022.106887MaRDI QIDQ2108627zbMATHOpenAlexFDO

Authors Roberto Dieci, Sarah Mignot, Noemi Schmitt, Frank Westerhoff

Publication date 20 December 2022

Published in Communications in Nonlinear Science and Numerical Simulation (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.cnsns.2022.106887

zbMATH Keywords

nonlinear mapsstability and bifurcation analysiscobweb modelsbounded rationality and learningendogenous price dynamicsproduction delays

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Microeconomic theory (price theory and economic markets) (91B24)

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Cites work

• scientific article; zbMATH DE number 43585 (Why is no real title available?)
• A Rational Route to Randomness
• A class of evolutionary models for participation games with negative feedback
• A robust rational route to randomness in a simple asset pricing model
• Carl's nonlinear cobweb
• Endogenous fluctuations under evolutionary pressure in Cournot competition
• Evolutionarily stable strategies and game dynamics
• Evolutionary competition in a mixed market with socially concerned firms
• Evolutionary selection against dominated strategies
• Herding, a-synchronous updating and heterogeneity in memory in a CBS
• Heterogeneous beliefs and routes to chaos in a simple asset pricing model
• Learning in a double-phase cobweb model
• Necessary and sufficient conditions for the roots of a cubic polynomial and bifurcations of codimension-1, -2, -3 for 3D maps

Cited in

(4)

• Supply Disruptions, Asymmetric Information, and a Backup Production Option
• Price Versus Production Postponement: Capacity and Competition
• Commodity price fluctuations: Price dependent delays and nonlinearities as explanatory factors
• scientific article; zbMATH DE number 1139866 (Why is no real title available?)

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