Heterogeneous Expectations, Dynamics, and Stability of Markets
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Note: View the original document on HAL open archive server: https://hal.univ-reunion.fr/hal-02163226
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Other versions of this item:
- Lasselle, Laurence & Serge Svizzero & Clem Tisdell, 2003. "Heterogeneous Expectations, Dynamics, and Stability of Markets," Royal Economic Society Annual Conference 2003 130, Royal Economic Society.
References listed on IDEAS
- Marc Nerlove, 1958. "Adaptive Expectations and Cobweb Phenomena," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 72(2), pages 227-240.
Citations
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Cited by:
- Lasselle, Laurence & Svizzero, Serge & Tisdell, Clem, 2005.
"Stability And Cycles In A Cobweb Model With Heterogeneous Expectations,"
Macroeconomic Dynamics, Cambridge University Press, vol. 9(5), pages 630-650, November.
- Laurence LASSELLE & Serge SVIZZERO & Clem TISDELL, 2004. "Stability and Cycles in a Cobweb Model with Heterogeneous Expectations," Economics Working Papers ECO2004/03, European University Institute.
- Laurence Lasselle & Serge Svizzero & Clement Allan Tisdell, 2005. "Stability and cycles in a cobweb model with heterogeneous expectations," Post-Print hal-02155092, HAL.
- Hommes, Cars H., 2006.
"Heterogeneous Agent Models in Economics and Finance,"
Handbook of Computational Economics, in: Leigh Tesfatsion & Kenneth L. Judd (ed.), Handbook of Computational Economics, edition 1, volume 2, chapter 23, pages 1109-1186,
Elsevier.
- Cars H. Hommes, 2005. "Heterogeneous Agent Models in Economics and Finance," Tinbergen Institute Discussion Papers 05-056/1, Tinbergen Institute.
- Brandouy, O., 2005.
"Stock markets as Minority Games: cognitive heterogeneity and equilibrium emergence,"
Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 349(1), pages 302-328.
- O. Brandouy, 2005. "Stock Markets as Minority Games : Cognitive Heterogeneity and Equilibrium Emergence," Post-Print hal-00171120, HAL.
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More about this item
Keywords
Cobweb model; switching behaviour; Flip bifurcation; Neimark-Sacker bifurcation; resonance;All these keywords.
JEL classification:
- C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
- E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
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