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Adverse selection, heterogeneous beliefs, and evolutionary learning

Buchen, Clemens; Palermo, Alberto - 2021

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

Persistent link: https://www.econbiz.de/10012607986

Communication and learning : the bilateral information transmission in the cobweb model

Guse, Eran; Wong, M. C. Sunny - In: Computational economics 60 (2022) 2, pp. 693-723

Persistent link: https://www.econbiz.de/10013380807

Adverse selection, heterogeneous beliefs, and evolutionary learning

Buchen, Clemens; Palermo, Alberto - In: Dynamic games and applications : DGA 12 (2022) 2, pp. 343-362

Persistent link: https://www.econbiz.de/10013198688

Nonlinearity, bounded rationality, and the heterogeneity : some aspects of market economies as complex systems

Onozaki, Tamotsu - 2018

Persistent link: https://www.econbiz.de/10011509712

Carl's nonlinear cobweb

Hommes, Cars H. - In: Journal of economic dynamics & control 91 (2018), pp. 7-20

Persistent link: https://www.econbiz.de/10011974124

Smart or stupid depends on who is your counterpart : a cobweb model with heterogeneous expectations

Guo, Feng; Liu, Chong; Shi, Qingling - In: Studies in nonlinear dynamics and econometrics : SNDE ; … 23 (2019) 5, pp. 1-17

Persistent link: https://www.econbiz.de/10012198413

Equilibrium stability in a nonlinear cobweb model

Evans, George W.; McGough, Bruce - In: Economics letters 193 (2020), pp. 1-6

Persistent link: https://www.econbiz.de/10012509074

A cobweb model with elements from prospect theory

Naimzada, Ahmad; Pecora, Nicolò; Tramontana, Fabio - In: Journal of evolutionary economics : JEE 29 (2019) 2, pp. 763-778

Persistent link: https://www.econbiz.de/10012054523

Nonlinearity, Bounded Rationality, and Heterogeneity : Some Aspects of Market Economies as Complex Systems

Onozaki, Tamotsu - 2018

This book pursues a nonlinear approach in considering both chaotic dynamical models and agent-based simulation models of economics, as well as their dynamical behaviors. Three key concepts arising in this context are “nonlinearity,” “bounded rationality” and “heterogeneity,” which...

Persistent link: https://www.econbiz.de/10013341702

Cognitive ability, character skills, and learning to play equilibrium : a level-k analysis

Gill, David; Prowse, Victoria L. - 2014

understand better how subjects with different cognitive abilities learn differently, we estimate a structural model of learning … ability to that of character skills, and find that both cognition and personality affect behavior and learning. More agreeable …

Persistent link: https://www.econbiz.de/10010364492