schedule would become a time-varying quantity. Based on a behavioral cobweb framework, we analytically demonstrate that …

This paper studies aggregate dynamics in a cobweb model where learning takes place through a selection mechanism, by … limits mutational drift in firm types; on the other hand, selection may strengthen cobweb oscillatory dynamics. Second, there … explain the key results. Optimal selectivity is larger, the less "cobweb unstable" the economy, i.e. the more elastic the …

In this work I present a cobweb model for markets characterized by two couples of demand and supply functions which …. Several crucial differences with respect to the classical cobweb model are highlighted, showing the potentially ambiguous role …

We develop a simple two-region, cobweb-type dynamic equilibrium model to demonstrate the existence of optimal trade …

it recommends a new model for clusteral innovation. This model is named as Cobweb Theorem. Styria model is a model for … study adds technopark dimension to PPP-model, and it is called Cobweb Theorem. In Cobweb theorem, government establish …

version of a cobweb model. In an evolutionary learning set-up, which is imitative, principals can have different beliefs about …