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Bounded rationality and unemployment dynamics

Evans, David; Evans, George W.; McGough, Bruce - In: Economics letters 210 (2022), pp. 1-5

Persistent link: https://www.econbiz.de/10013171177

Bounded rationality, monetary policy, and macroeconomic stability

Ilabaca, Francisco; Meggiorini, Greta; Milani, Fabio - In: Economics letters 186 (2020), pp. 1-5

Persistent link: https://www.econbiz.de/10012503740

Simple agents, intelligent markets

Jamal, Karim; Maier, Michael S.; Sunder, Shyam - In: Computational economics 49 (2017) 4, pp. 653-675

Persistent link: https://www.econbiz.de/10011762170

Managing monetary policy in a New Keynesian model with many beliefs types

Pecora, Nicolò; Spelta, Alessandro - In: Economics letters 150 (2017), pp. 53-58

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Nonlinearity, Bounded Rationality, and Heterogeneity : Some Aspects of Market Economies as Complex Systems

Onozaki, Tamotsu - 2018

This book pursues a nonlinear approach in considering both chaotic dynamical models and agent-based simulation models of economics, as well as their dynamical behaviors. Three key concepts arising in this context are “nonlinearity,” “bounded rationality” and “heterogeneity,” which...