| 来源类型 | Monograph (IIASA Interim Report)
|
| 规范类型 | 报告
|
| Price Expectations, Cobwebs and Stability. |
| Flam SD; Kaniovski YM
|
| 发表日期 | 1997
|
| 出版者 | IIASA, Laxenburg, Austria: IR-97-014
|
| 出版年 | 1997
|
| 语种 | 英语
|
| 摘要 | There is given a market for several perishable goods, supplied under technological randomness and price uncertainty. We study whether and how producers eventually may learn rational price expectations. The model is of cobweb type. Its dynamics fit standard forms of stochastic approximation. Relying upon quite weak and natural assumptions we prove new convergence results. |
| 主题 | Technological and Economic Dynamics (TED)
|
| 关键词 | cobweb models, adaptive learning, rational expectations, stochastic approximation, fixed point, stability.
|
| URL | http://pure.iiasa.ac.at/id/eprint/5277/
|
| 来源智库 | International Institute for Applied Systems Analysis (Austria)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/124728
|
推荐引用方式
GB/T 7714 |
Flam SD,Kaniovski YM. Price Expectations, Cobwebs and Stability.. 1997.
|
|
文件名：
|
IR-97-014.pdf
|
|
格式：
|
Adobe PDF
|
此文件暂不支持浏览
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
