Local convergence properties of a cobweb model with rationally heterogeneous expectations

Journal of Economic Dynamics and Control

Volumn 27, Issue 1, 2002, Pages 63-85

  Branch, William A ^a  

^a The College of William and Mary   (United States)

Author keywords

Adaptive learning; Cobweb model; Heterogeneous beliefs; Rational expectations

Indexed keywords

EID: 0036334424     PISSN: 01651889     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0165-1889(01)00027-6     Document Type: Article

References (18)

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13. An exploration of the eductive justifications of the rational-expectations hypothesis
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