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PL EN


2013 | 3/1 | 169-182

Article title

Dynamika nieliniowego modelu konkurencji doskonałej z heterogenicznymi oczekiwaniami po stronie podażowej

Content

Title variants

EN
Nonlinear demand-supply model with heterogeneous expectations on the demand side

Languages of publication

PL EN

Abstracts

EN
We investigate the dynamics of the proposed demand-supply model with heterogeneous expectations, a linear demand curve, and nonlinear supply curve. The possible price behaviour is be described. W investigate, how the dynamics of the model depend on parameters.

Keywords

Year

Issue

3/1

Pages

169-182

Physical description

Contributors

References

  • Arstein Z., Irregular cobweb dynamics, “Economic Letters” 1983, vol. 11, s. 15–17 Hommes C.H., Adaptive learning and roads to chaos, “Economic Letters” 1991, vol. 36, s. 127–132 Jensen R.V., Urban R., Chaotic price behaviour in a nonlinear cobweb model, “Economic Letters” 1984, vol. 15, s. 235–240 Nerlove M., Adaptive expectations and cobweb phenomena, “Quarterly Journal of Economics” 1958, vol. 72, s. 227–240

Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.desklight-6661b258-0876-48bc-b064-dd0b6bb32d9b
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