On the hidden hazards of adaptive behavior

DOI10.1016/j.jedc.2010.04.004zbMath1232.91484OpenAlexW2048794572MaRDI QIDQ991401

Weihong Huang

Publication date: 7 September 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.2010.04.004

zbMATH Keywords

stabilitydynamicsadaptive learningadaptive adjustmentadaptive strategyheterogeneous agent modelsadaptive behavior

Mathematics Subject Classification ID

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

Cites Work

• Stabilizing high-order discrete dynamical systems by a lagged adaptive adjustment mechanism
• E-equilibria and adaptive expectations: Output and inflation in the LBS model
• A note on the stability of a Cournot-Nash equilibrium: the multiproduct case with adaptive expectations
• Rational choice and economic behavior
• On creation of Hopf bifurcations in discrete-time nonlinear systems
• Theory of adaptive adjustment

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