STABILITY AND CYCLES IN A COBWEB MODEL WITH HETEROGENEOUS EXPECTATIONS

DOI10.1017/S1365100505050017zbMATH Open1101.91341OpenAlexW2138362243MaRDI QIDQ3375355FDOQ3375355

Authors: Laurence Lasselle, Serge Svizzero, Clem Tisdell 

Publication date: 8 March 2006

Published in: Macroeconomic Dynamics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1017/s1365100505050017

Recommendations

• Local convergence properties of a cobweb model with rationally heterogeneous expectations
• Memory, market stability and attractors coexistence in a nonlinear cobweb model
• Heterogeneous beliefs and the non-linear cobweb model
• Carl's nonlinear cobweb
• Cobweb dynamics under bounded rationality

zbMATH Keywords

bounded rationalityflip bifurcationNeimark-Sacker bifurcationcobweb model

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

• A Rational Route to Randomness
• Heterogeneous beliefs and the non-linear cobweb model
• Adaptive learning and roads to chaos. The case of the cobweb
• Two destabilizing strategies may be jointly stabilizing
• Local convergence properties of a cobweb model with rationally heterogeneous expectations
• RESONANCE PHENOMENA IN AN ADAPTIVELY-CONTROLLED SYSTEM

Cited In (15)

• Memory, market stability and attractors coexistence in a nonlinear cobweb model
• A cobweb model with gradient adjustment mechanism: nonlinear dynamics and multistability
• Adaptive expectations and cobweb phenomena: does heterogeneity matter?
• Can management measures ensure the biological and economical stabilizability of a fishing model?
• Local convergence properties of a cobweb model with rationally heterogeneous expectations
• Instability in the cobweb model under the BNN dynamic
• Stability analysis of a cobweb model with market interactions
• Dynamics of beliefs and learning under \(a_{L}\)-processes -- the heterogeneous case
• Price stabilization using buffer stocks
• Fundamentalists vs. chartists: learning and predictor choice dynamics
• Stability, chaos and multiple attractors: a single agent makes a difference
• Title not available (Why is that?)
• Finite-time stability analysis and control for a class of stochastic singular biological economic systems based on T-S fuzzy model
• Eductive stability, heterogeneous information costs and period-two cycle multiplicity
• Smart or stupid depends on who is your counterpart: a cobweb model with heterogeneous expectations

This page was built for publication: STABILITY AND CYCLES IN A COBWEB MODEL WITH HETEROGENEOUS EXPECTATIONS

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q3375355)