𝔖 Bobbio Scriptorium
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The Hog Cycle and the Cobweb Theorem

✍ Scribed by Harlow, Arthur A.


Book ID
118134133
Publisher
Oxford University Press
Year
1960
Tongue
English
Weight
641 KB
Volume
42
Category
Article
ISSN
0002-9092

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πŸ“œ SIMILAR VOLUMES


The Cobweb Theorem
✍ Mordecai Ezekiel πŸ“‚ Article πŸ“… 1938 πŸ› MIT Press 🌐 English βš– 654 KB
Resuscitating the cobweb cycle
✍ Klaus Reiner Schenk-HoppΓ© πŸ“‚ Article πŸ“… 2004 πŸ› John Wiley and Sons 🌐 English βš– 55 KB

## Abstract This article shows that permanent fluctuations in the cobweb modelβ€”though inconsistent with a rational expectations equilibriumβ€”can be justified as being rational when reinterpreting the model in the theory of rational beliefs. Copyright Β© 2004 John Wiley & Sons, Ltd.

A Reconsideration of the Cobweb Theorem
✍ Norman S. Buchanan πŸ“‚ Article πŸ“… 1939 πŸ› University of Chicago Press 🌐 English βš– 993 KB