A dynamic model of adaptive consumers with endogenous unimodal preferences

DOI10.1016/J.CNSNS.2022.106984MaRDI QIDQ2108738OpenAlexFDO

Authors Gian-Italo Bischi, Fabio Tramontana

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.2022.106984

zbMATH Keywords

bifurcationsbounded rationalityfocal pointsconsumer theorynoninvertible maps

Mathematics Subject Classification ID

Dynamical systems in optimization and economics (37N40) Consumer behavior, demand theory (91B42)

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Cites work

• scientific article; zbMATH DE number 5640256 (Why is no real title available?)
• scientific article; zbMATH DE number 1792281 (Why is no real title available?)
• scientific article; zbMATH DE number 783633 (Why is no real title available?)
• scientific article; zbMATH DE number 861662 (Why is no real title available?)
• Basins of attraction in an evolutionary model of boundedly rational consumers
• GLOBAL ANALYSIS AND FOCAL POINTS IN A MODEL WITH BOUNDEDLY RATIONAL CONSUMERS
• PLANE MAPS WITH DENOMINATOR I: SOME GENERIC PROPERTIES
• PLANE MAPS WITH DENOMINATOR. PART III: NONSIMPLE FOCAL POINTS AND RELATED BIFURCATIONS
• Plane Maps with Denominator. Part II: Noninvertible Maps with Simple Focal Points

Cited in

(10)

• The global failure of local preference optimization
• Reaction to price changes and aspiration level adjustments
• Interdependent Preferences
• Periodic and aperiodic consumer behavior
• A dynamic multiple-variety choice adaption model
• Fashion cycle dynamics in a model with endogenous discrete evolution of heterogeneous preferences
• Endogenous reactivity in a dynamic model of consumer's choice
• Basins of attraction in an evolutionary model of boundedly rational consumers
• How much and how often: a model of repeated consumption with endogenous consumption frequency
• GLOBAL ANALYSIS AND FOCAL POINTS IN A MODEL WITH BOUNDEDLY RATIONAL CONSUMERS

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