Cattle cycles, heterogeneous expectations and the age distribution of capital

DOI10.1016/J.JEDC.2003.08.003zbMath1201.91145OpenAlexW3121359493MaRDI QIDQ953697

David Aadland

Publication date: 6 November 2008

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2003.08.003

zbMATH Keywords

bounded rationalityage distributioncattle cycles

Mathematics Subject Classification ID

Economic models of real-world systems (e.g., electricity markets, etc.) (91B74) Heterogeneous agent models (91B69)

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Cites Work

• Quasi-rational expectations, an alternative to fully rational expectations: An application to US beef cattle supply
• Tests for bounded rationality with a linear dynamic model distorted by heterogeneous expectations
• On information and market dynamics: The case of the U. S. beef market
• The Solution of Linear Difference Models under Rational Expectations
• Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models
• A Rational Route to Randomness

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