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AA00260492-19940001-0051.pdf
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Download
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:543.4 KB
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| Last updated |
:Dec 26, 2009 |
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: 1168 |
Total downloads since Dec 26, 2009 : 1168
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| Title |
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ON DISCRETE DYNAMIC PRODUCER-CONSUMER MARKETS
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SZIDAROVSZKY, Ferenc
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University of Arizona
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MOLNAR, Sandor
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Central Mining Development Institute
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Keio Economic Society, Keio University
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1994
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Keio economic studies
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31
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1
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1994
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| Start page |
51
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63
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| Abstract |
The global asymptotical stability of discrete single-product dynamic producer-consumer markets is examined under three learning schemes. Namely, static, adaptive, and extrapolative expectations are considered. Stability conditions are derived, interpreted, and compared.
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