Adaptive expectations and cobweb phenomena: does heterogeneity matter?

DOI10.1016/J.JEDC.2011.03.008zbMath1217.91130OpenAlexW1997994957MaRDI QIDQ550842

Vincenzo Valori, Domenico Colucci

Publication date: 13 July 2011

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2011.03.008

zbMATH Keywords

stability of steady statesbounded rationalityheterogeneous expectationsevolutionary dynamicsmarket integration

Mathematics Subject Classification ID

Economic dynamics (91B55) Heterogeneous agent models (91B69)

Related Items (1)

Stabilizing inflation in a simple monetary policy model with heterogeneous agents

Cites Work

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