Rational heuristics? Expectations and behaviors in evolving economies with heterogeneous interacting agents
"We analyze the individual and macroeconomic impacts of heterogeneous expectations and action rules within an agent-based model populated by heterogeneous, interacting firms. Agents have to cope with a complex evolving economy characterized by deep uncertainty resulting from technical change, i...
Main Authors: | Dosi, Giovanni, Napoletano, Mauro, Roventini, Andrea, Stiglitz, Joseph E., Treibich, Tania |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Paris
2017
OFCE |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19395857124911130399-Rational-heuristics?-expectati.htm |
Similar Items
-
Fiscal and monetary policies in complex evolving economies
by: Dosi, Giovanni, et al.
Published: (2014) -
Causes and consequences of hysteresis: aggregate demand,productivity and employment
by: Dosi, Giovanni, et al.
Published: (2017) -
When do countries implement structural reforms?
by: Dias da Silva, António, et al.
Published: (2017) -
Do structural policies affect macroeconomic stability?
by: Ziemann, Volker
Published: (2013) -
Structural reform in Germany
by: Krebs, Tom, et al.
Published: (2016)