Similar Search Results

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

Konsistentes adaptives Lernen in Finanzmarkt- und Makromodellen

Schönhofer, Martin - 1997

Persistent link: https://www.econbiz.de/10012699468

From self-fulfilling mistakes to behavioral learning equilibria

Hommes, Cars H. - In: Sunspots and non-linear dynamics : essays in honor of …, (pp. 97-123). 2017

Persistent link: https://www.econbiz.de/10011850356

Rational expectations (may) lead to complex dynamics in a Muthian cobweb model with heterogeneous agents

Naimzada, Ahmad; Pireddu, Marina - In: Journal of economic behavior & organization : JEBO 177 (2020), pp. 415-432

Persistent link: https://www.econbiz.de/10012437540

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

Learning in cobweb experiments

Hommes, Cars H.; Sonnemans, Joep; Tuinstra, Jan; … - 2003

from individual expectations. Subjects have no information about underlying market equilibrium equations, but can learn by … stable treatment, rational expectations (RE) yield a good description of observed aggregate price fluctuations: prices remain …

Persistent link: https://www.econbiz.de/10011333266

Chapter 7 Learning dynamics

Evans, George W.; Honkapohja, Seppo - In: Handbook of macroeconomics : volume 1, part A, (pp. 449-542). 1999

roles. First, it provides a boundedly rational model of how rational expectations can be achieved. Secondly, learning acts … as a selection device in models with multiple REE (rational expectations equilibria). Third, the learning dynamics … approximation based on an associated differential equation. Global stability, local stability and instability results for SRAs are …

Persistent link: https://www.econbiz.de/10014024243

The stability of learning prior to an anticipated change in the target inflation rate

Moore, Bartholomew John - In: International journal of monetary economics and finance 9 (2016) 3, pp. 267-293

Persistent link: https://www.econbiz.de/10011657437

Does my model predict a forward guidance puzzle

Gibbs, Christopher G.; McClung, Nigel - 2019

Persistent link: https://www.econbiz.de/10012116526

Does my model predict a forward guidance puzzle?

Gibbs, Christopher G.; McClung, Nigel - In: Review of economic dynamics 51 (2023), pp. 393-423

Persistent link: https://www.econbiz.de/10014471851