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Investment constrained endogenous business cycles in a two-dimensional OLG model

Hommes, Cars H.; Vilder, Robin G. de - 1995

Persistent link: https://www.econbiz.de/10000913842

Chaotic dynamics in a two-dimensional overlapping generation model : a numerical investigation

Hommes, Cars H. - In: Predictability and nonlinear modelling in natural …, (pp. 621-632). 1994

Persistent link: https://www.econbiz.de/10001288239

Forward and backward dynamics in implicitly defined overlapping generations models

Gardini, Laura; Hommes, Cars H.; Tramontana, Fabio; … - In: Journal of economic behavior & organization : JEBO 71 (2009) 2, pp. 110-129

Persistent link: https://www.econbiz.de/10003873356

[Rezension von: Medio, Alfred, Chaotic dynamics]

Hommes, Cars H. - In: De economist : Netherlands economic review ; quarterly … 144 (1996) 4, pp. 695-698

Persistent link: https://www.econbiz.de/10001348489

From self-fulfilling mistakes to behavioral learning equilibria

Hommes, Cars H. - 2017

This essay links some of my own work on expectations, learning and bounded rationality to the inspiring ideas of Jean-Michel Grandmont. In particular, my work on consistent expectations and behavioral learning equilibria may be seen as formalizations of JMG's ideas of self-fulfilling mistakes....

Persistent link: https://www.econbiz.de/10011590425

From self-fulfilling mistakes to behavioral learning equilibria

Hommes, Cars H. - In: Sunspots and non-linear dynamics : essays in honor of …, (pp. 97-123). 2017

Persistent link: https://www.econbiz.de/10011850356

Behavioral and experimental macroeconomics and policy analysis : a complex systems approach

Hommes, Cars H. - 2018

This survey discusses behavioral and experimental macroeconomics emphasizing a complex systems perspective. The economy consists of boundedly rational heterogeneous agents who do not fully understand their complex environment and use simple decision heuristics. Central to our survey is the...