CAUTION IMPLIES PROFIT

被引：25

作者：

HUANG, WH

机构：

[1] Department of Economics and Statistics, National University of Singapore, Singapore, 0511

来源：

JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION | 1995年 / 27卷 / 02期

关键词：

CHAOS; DISCRETE DYNAMICAL SYSTEMS; COBWEB DYNAMICS; ECONOMIC DYNAMICS;

D O I：

10.1016/0167-2681(95)00007-F

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The paper illustrates by simple cobweb models that, under certain circumstances, fluctuations in perpetual disequilibrium may not only be viable but also preferable to a competitive equilibrium from the long-run perspective.

引用

页码：257 / 277

页数：21

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