On the preservation of deterministic cycles when some agents perceive them to be random fluctuations

DOI10.1016/0165-1889(93)90011-GzbMATH Open0793.90012MaRDI QIDQ690161FDOQ690161

Authors: George W. Evans, Seppo Honkapohja, Thomas J. Sargent 

Publication date: 20 December 1993

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Recommendations

• Cycles, determinism and persistence in agent-based games and financial time-series. II
• Cycles, determinism and persistence in agent-based games and financial time-series. I
• The robustness of cyclic dominance under random fluctuations
• Random perturbations of deterministic equilibria.
• On a model of random cycles
• Dynamical systems with a continuum of randomly matched agents
• On the persistence regime for Lotka-Volterra in randomly fluctuating environments
• Noise-induced quasi-heteroclinic cycle in a rock-paper-scissors game with random payoffs
• Random fluctuations around a stable limit cycle in a stochastic system with parametric forcing

zbMATH Keywords

expected utilityoverlapping generationscomplex but deterministic fluctuationsless informed agents

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

• Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
• On Endogenous Competitive Business Cycles
• Title not available (Why is that?)
• Title not available (Why is that?)
• Time to Build and Aggregate Fluctuations
• Title not available (Why is that?)

Cited In (8)

• Subjective temporary equilibrium
• The RPEs of RBCs and other DSGEs
• LEARNING THE INFLATION TARGET
• Coherence without rationality at the zero lower bound
• A consistent route to randomness
• Optimal policy business cycles
• Consistent expectations and misspecification in stochastic non-linear economies
• Equilibrium stability in a nonlinear cobweb model

This page was built for publication: On the preservation of deterministic cycles when some agents perceive them to be random fluctuations

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q690161)