A cobweb model with local externalities

DOI10.1016/j.jedc.2007.04.001zbMath1181.91170MaRDI QIDQ844614

J. Michael Orszag, Majid Ali Choudhary

Publication date: 19 January 2010

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2007.04.001

zbMATH Keywords

local externalities; cobweb models; myopic expectations

Mathematics Subject Classification ID

91B62: Economic growth models

Related Items

BUYING ECOLOGICAL SERVICES: FRAGMENTED RESERVES, CORE AND PERIPHERY NATIONAL PARK STRUCTURE, AND THE AGRICULTURAL EXTENSIFICATION DEBATE

Uses Software

• E&F Chaos

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Irregular cobweb dynamics
• Chaotic price behavior in a nonlinear cobweb model
• Equilibria in financial markets with heterogeneous agents: a probabilistic perspective
• Adaptive learning and roads to chaos. The case of the cobweb
• Financial price fluctuations in a stock market model with many interacting agents
• Equilibria in systems of social interactions
• E\&F Chaos: A user friendly software package for nonlinear economic dynamics
• Time series: theory and methods
• Aggregation of linear dynamic microeconomic models
• Genetic algorithm learning and the cobweb model
• A statistical equilibrium theory of markets
• Life-cycle consumption under social interactions
• Random economies with many interacting agents
• Heterogeneous beliefs and the non-linear cobweb model
• Discrete Choice with Social Interactions
• Dynamic models of segregation†
• Coordinating Coordination Failures in Keynesian Models
• A Rational Route to Randomness
• Nonergodic Economic Growth
• A theory of persistent income inequality.