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Caputo fractional continuous cobweb models
Journal of Computational and Applied Mathematics, 2020zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Churong Chen, Martin Bohner, Baoguo Jia
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A cobweb model with local externalities
Journal of Economic Dynamics and Control, 2008zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Choudhary, MA, Orszag, JM
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A cobweb model for electricity markets
2015 12th International Conference on the European Energy Market (EEM), 2015In this paper we study some dynamical features of electricity markets modelling demand and supply by means of a nonlinear cobweb model. We consider a demand function periodically perturbed to take into account the real world seasonalities (daily, weekly and yearly) while supply function can include a stochastic term that is able to encompass possible ...
CAVALLI, FAUSTO +2 more
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Journal of Farm Economics, 1964
In recent years, economists have become much interested in recursive models. This interest stems from a growing need for long-term economic projections and for forecasting the probable effects of economic programs and policies. In a dynamic world, past and present conditions help shape future conditions.
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In recent years, economists have become much interested in recursive models. This interest stems from a growing need for long-term economic projections and for forecasting the probable effects of economic programs and policies. In a dynamic world, past and present conditions help shape future conditions.
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CobWeb Multidimensional Model: From Modeling to Querying
2014Nowadays, the volume of information handled by enterprises continues to increase. This information can be derived from their operational sources (databases) or also from their manipulated and exchanged documents. The decision-makers are interested by new applications in order to extract and deduce knowledge from information of documents.
Omar Khrouf, Kaïs Khrouf, Jamel Feki
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The Application of Industrial Chain Cobweb Model
2010 International Conference on E-Business and E-Government, 2010Industrial chain is an integrated functional chain structure that formed among inter-related industries under specific economic relationship. As a functional chain structure, industrial chain emphasizes the inter-relationship among joints. Through an analysis on the definition of industrial chain, this essay shows the industrial chain cobweb model and ...
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A Cobweb Model and it’s Application
1991To solve the semi —structured problem, we use Decision Support System, and to make the DSS effective, we often use Knowledge Base System and/or Expert System. To establish a KBS or a ES, the first thing we should do is to draw knowledge from experts. Now the problem emerge: 1.
Nan Fangmin, Hou Binghui
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2013
In this chapter we discuss price dynamics in nonlinear versions of the cobweb or the “hog cycle” model under homogeneous price expectations. The main purpose is to illustrate the role of expectations feedback and bounded rationality in a simple nonlinear economic environment.
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In this chapter we discuss price dynamics in nonlinear versions of the cobweb or the “hog cycle” model under homogeneous price expectations. The main purpose is to illustrate the role of expectations feedback and bounded rationality in a simple nonlinear economic environment.
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Coevolution and stable adjustments in the cobweb model [PDF]
Journal of Evolutionary Economics, 1998 The paper is concerned with genetic algorithm learning in a cobweb economy. Besides discussing several specification details in the genetic operators, the model includes four different types of firm forecasting rules and subjects the demand side to serially correlated random shocks.
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Learning, expectations, and the cobweb model
Zeitschrift für Nationalökonomie, 1960The conclusions which may be drawn from this essay are modest, but they merit reiteration. There are two basic modifications of the simple cobweb model which appear to be useful. On the one hand, the learning-behavior hypothesis serves as a stabilizer.
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