Equilibrium stability in a nonlinear cobweb model

George W. Evans, Bruce McGough

    Research output: Contribution to journalArticlepeer-review

    1 Citation (Scopus)

    Abstract

    We demonstrate existence, and stability under adaptive learning, of restricted perceptions equilibria in a nonlinear cobweb model.
    Original languageEnglish
    Article number109130
    JournalEconomics Letters
    Volume193
    Early online date25 May 2020
    DOIs
    Publication statusPublished - Aug 2020

    Keywords

    • E-stability
    • Adaptive learning
    • Restricted perceptions equilibrium
    • Cobweb model

    Fingerprint

    Dive into the research topics of 'Equilibrium stability in a nonlinear cobweb model'. Together they form a unique fingerprint.

    Cite this