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An analysis of the cobweb model with boundedly rational heterogeneous producers

Authors :
Chiarella, Carl
Xue-Zhong, He
Hing, Hung
Peiyuan, Zhu
Source :
Journal of Economic Behavior & Organization. Dec, 2006, Vol. 61 Issue 4, p750, 19 p.
Publication Year :
2006

Abstract

An analysis on estimation of the mean and variance of the future price, using cobweb model with respect to risk averse producers, is presented.

Details

Language :
English
ISSN :
01672681
Volume :
61
Issue :
4
Database :
Gale General OneFile
Journal :
Journal of Economic Behavior & Organization
Publication Type :
Academic Journal
Accession number :
edsgcl.156458632