The instability of a heterogeneous cobweb economy: A strategy experiment on expectation formation

Journal of Economic Behavior and Organization

Volumn 54, Issue 4, 2004, Pages 453-481

  Sonnemans, Joep ^a   Hommes, Cars ^a   Tuinstra, Jan ^a   van de Velden, Henk ^a  

^a UNIVERSITY OF AMSTERDAM   (Netherlands)

Author keywords

Bounded rationality; Cycles and chaos; Heterogeneous agents; Strategy experiment

Indexed keywords

EID: 3342946022     PISSN: 01672681     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jebo.2003.02.004     Document Type: Article

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