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Business cycle theory 1 Erwartungsbildung 1 Expectation formation 1 Expectations 1 Growth 1 Growth theory 1 Instability 1 Knife-edge 1 Konjunkturtheorie 1 Rational expectations 1 Rationale Erwartung 1 Razor’s edge 1 Roy harrod 1 Trade cycles 1 Wachstumstheorie 1
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Radzicki, Michael J. 1
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Feedback economics : economic modeling with system dynamics 1
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Behavioral expectation formation and the knife-edge : another look at Harrod
Radzicki, Michael J. - In: Feedback economics : economic modeling with system dynamics, (pp. 467-493). 2021
One of the many interesting controversies in economics concerns Harrod's "knife-edge" or Harrod's "razor’s edge". In …
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