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Learning in cobweb experiments
Hommes, Cars H.; Sonnemans, Joep; Tuinstra, Jan; … - In: Macroeconomic dynamics 11 (2007), pp. 8-33
Persistent link: https://www.econbiz.de/10003616118
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Learning in cobweb experiments
Hommes, Cars H.; Sonnemans, Joep; Tuinstra, Jan; … - 2003
Different theories of expectation formation and learning usually yield different outcomes for realized market prices in dynamic models. The purpose of this paper is to investigate expectation formation and learning in a controlled experimental environment. Subjects are asked to predict the next...
Persistent link: https://www.econbiz.de/10011333266
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Expectation formation in a cobweb economy: some one person experiments
Hommes, Cars H.; Sonnemans, Joep; Velden, Henk van de - In: Interaction and market structure : essays on …, (pp. 253-266). 2000
Persistent link: https://www.econbiz.de/10001487980
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Learning in cobweb experiments
Hommes, Cars H.; Sonnemans, Joep; Tuinstra, Jan; … - 2003
Persistent link: https://www.econbiz.de/10001791877
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The instability of a heterogeneous cobweb economy : a strategy experiment on expectation formation
Sonnemans, Joep; Hommes, Cars; Tuinstra, Jan; Velden, … - In: Journal of economic behavior & organization : JEBO 54 (2004) 4, pp. 453-481
Persistent link: https://www.econbiz.de/10002153649
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Dynamics of the cobweb model with adaptive expectations and nonlinear supply and demand
Hommes, Cars H. - In: Journal of economic behavior & organization : JEBO 24 (1994) 3, pp. 315-335
Persistent link: https://www.econbiz.de/10001169623
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Adaptive learning and roads to chaos : the case of the cobweb
Hommes, Cars H. - In: Economics letters 36 (1991) 2, pp. 127-132
Persistent link: https://www.econbiz.de/10001107959
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On the consistency of backward looking expectations : the case of the cobweb
Hommes, Cars H. - 1996
Persistent link: https://www.econbiz.de/10000927901
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On the consistency of backward-looking expectations : the case of the cobweb
Hommes, Cars H. - In: Journal of economic behavior & organization : JEBO 33 (1998) 3, pp. 333-362
Persistent link: https://www.econbiz.de/10001337574
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Cobweb dynamics under bounded rationality
Hommes, Cars H. - In: Optimization, dynamics, and economic analysis : essays …, (pp. 134-150). 2000
Persistent link: https://www.econbiz.de/10001497088