Примеры cobweb

• There have been a number of earlier "cobweb experiments" related to our work.

• The next morning, she gets up very early, and finds the house dusty, full of cobwebs and badly arranged.

• The cobweb model has played an important role in economic dynamics, in particular with respect to the role of expectation formation.

• Section 3 briefly recalls some benchmark expectation and learning models in the cobweb framework.

• The parameter tunes the nonlinearity of the supply curve and the stability of the underlying cobweb model.

• For example, the convergence of moving-average schemes is smooth without fluctuations, least-squares and cobweb expectations diverge away for the cobweb-unstable case.

• The second section describes applications of the genetic algorithm to the cobweb model, which has a unique rational-expectations equilibrium.

• In our cobweb experiments, subjects have to predict the next period's price of a certain unspecified good.