Eductive stability may not imply evolutionary stability in the presence of information costs
Year of publication: |
2020
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Authors: | Naimzada, Ahmad ; Pireddu, Marina |
Published in: |
Economics letters. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1765, ZDB-ID 717210-2. - Vol. 186.2020, p. 1-4
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Subject: | Muthian cobweb model | Heterogeneous agents | Evolutionary learning | Eductive stability | Information costs | Double stability threshold | Theorie | Theory | Lernprozess | Learning process | Cobweb | Rationale Erwartung | Rational expectations | Informationskosten | Evolutionsökonomik | Evolutionary economics |
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