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Navigating a nonlinear environment: An experimental study of decision making in a chaotic setting

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  • Richards, Diana
  • Hays, Jude C.

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  • Richards, Diana & Hays, Jude C., 1998. "Navigating a nonlinear environment: An experimental study of decision making in a chaotic setting," Journal of Economic Behavior & Organization, Elsevier, vol. 35(3), pages 281-308, April.
    • Handle: RePEc:eee:jeborg:v:35:y:1998:i:3:p:281-308
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    References listed on IDEAS

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    1. Mookherjee Dilip & Sopher Barry, 1994. "Learning Behavior in an Experimental Matching Pennies Game," Games and Economic Behavior, Elsevier, vol. 7(1), pages 62-91, July.
    2. Norman Schofield, 1983. "Generic Instability of Majority Rule," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 50(4), pages 695-705.
    3. Van Huyck, John B & Cook, Joseph P & Battalio, Raymond C, 1994. "Selection Dynamics, Asymptotic Stability, and Adaptive Behavior," Journal of Political Economy, University of Chicago Press, vol. 102(5), pages 975-1005, October.
    4. Jude Hays & Diana Richards, 1997. "Dynamics of Games: Aggregate Stability and Individual Learning Rules," Research in Economics 97-05-041e, Santa Fe Institute.
    5. Saari, Donald G., 1991. "Erratic behavior in economic models," Journal of Economic Behavior & Organization, Elsevier, vol. 16(1-2), pages 3-35, July.
    6. Richard H. Day, 1994. "Complex Economic Dynamics - Vol. 1: An Introduction to Dynamical Systems and Market Mechanisms," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262041413, April.
    7. Wall, Kent D., 1993. "A model of decision making under bounded rationality," Journal of Economic Behavior & Organization, Elsevier, vol. 20(3), pages 331-352, April.
    8. Saari, Donald G, 1992. "The Aggregated Excess Demand Function and Other Aggregation Procedures," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(3), pages 359-388, July.
    9. Diana Richards, 1997. "The geometry of inductive reasoning in games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 10(1), pages 185-193.
    10. Bala, Venkatesh & Majumdar, Mukul, 1992. "Chaotic Tatonnement," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(4), pages 437-445, October.
    11. Norman Schofield, 1977. "Dynamic games of collective action," Public Choice, Springer, vol. 30(1), pages 77-105, June.
    12. Rand, David, 1978. "Exotic phenomena in games and duopoly models," Journal of Mathematical Economics, Elsevier, vol. 5(2), pages 173-184, September.
    13. Saari, Donald G, 1985. "Iterative Price Mechanisms," Econometrica, Econometric Society, vol. 53(5), pages 1117-1131, September.
    14. Sterman, John D., 1989. "Deterministic chaos in an experimental economic system," Journal of Economic Behavior & Organization, Elsevier, vol. 12(1), pages 1-28, August.
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    1. Barreda-Tarrazona, Iván & Georgantzís, Nikolaos & Manasakis, Constantine & Mitrokostas, Evangelos & Petrakis, Emmanuel, 2016. "Endogenous managerial compensation contracts in experimental quantity-setting duopolies," Economic Modelling, Elsevier, vol. 54(C), pages 205-217.

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