Divergence and convergence in Scarf cycle environments: experiments and predictability in the dynamics of general equilibrium systems
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Publication:825165
DOI10.1007/s00199-020-01265-1zbMath1489.91141OpenAlexW3018705603MaRDI QIDQ825165
Publication date: 17 December 2021
Published in: Economic Theory (Search for Journal in Brave)
Full work available at URL: https://resolver.caltech.edu/CaltechAUTHORS:20191018-100829516
General equilibrium theory (91B50) Economic dynamics (91B55) Experimental work for problems pertaining to game theory, economics, and finance (91-05)
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Cites Work
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- Global instability in experimental general equilibrium: the Scarf example
- Some Examples of Global Instability of the Competitive Equilibrium
- On the Stability of Competitive Equilibrium and the Patterns of Initial Holdings: An Example
- The second fundamental theorem of positive economics
- A Locally Stable Adjustment Process
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