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A cobweb model with local externalities
Journal article

A cobweb model with local externalities

MA Choudhary and JM Orszag
JOURNAL OF ECONOMIC DYNAMICS & CONTROL, Vol.32(3), pp.821-847
01/03/2008

Abstract

Social Sciences Economics Business & Economics ECONOMICS local externalities cobweb models myopic expectations SOCIAL INTERACTIONS EXPECTATIONS COORDINATION EQUILIBRIUM DYNAMICS MARKETS DEMAND AGENTS CHAOS
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