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The Role of Speculation in Competitive Price-Dynamics - MaRDI portal

The Role of Speculation in Competitive Price-Dynamics

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Publication:3859526

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DOI10.2307/2297031zbMath0424.90010OpenAlexW1974996287MaRDI QIDQ3859526

Peter Howitt

Publication date: 1979

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://semanticscholar.org/paper/26fb96fa3c118e8bae90b6b7f2c506040a77da62

zbMATH Keywords

competitive economy speculation competitive price-dynamics local asymptotic stability properties temporary competitive equilibrium Walras-Samuelson tatonnement process

Mathematics Subject Classification ID

Economic growth models (91B62) General equilibrium theory (91B50)

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