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A Dynamic Model of a Boundedly Rational Consumer with a Simple Least Squared Learning Mechanism

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  • Ahmad Naimzada
  • Fabio Tramontana

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  • Ahmad Naimzada & Fabio Tramontana, 2010. "A Dynamic Model of a Boundedly Rational Consumer with a Simple Least Squared Learning Mechanism," Computational Economics, Springer;Society for Computational Economics, vol. 36(1), pages 47-56, June.
  • Handle: RePEc:kap:compec:v:36:y:2010:i:1:p:47-56
    DOI: 10.1007/s10614-010-9207-1
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    References listed on IDEAS

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    1. Corchon, Luis C. & Mas-Colell, Andreu, 1996. "On the stability of best reply and gradient systems with applications to imperfectly competitive models," Economics Letters, Elsevier, vol. 51(1), pages 59-65, April.
    2. Bullard James, 1994. "Learning Equilibria," Journal of Economic Theory, Elsevier, vol. 64(2), pages 468-485, December.
    3. Orlando Gomes, 2010. "Ordinary Least Squares Learning And Nonlinearities In Macroeconomics," Journal of Economic Surveys, Wiley Blackwell, vol. 24(1), pages 52-84, February.
    4. Furth, Dave, 1986. "Stability and instability in oligopoly," Journal of Economic Theory, Elsevier, vol. 40(2), pages 197-228, December.
    5. Dixit, Avinash K, 1986. "Comparative Statics for Oligopoly," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 27(1), pages 107-122, February.
    6. Ahmad K. Naimzada & Fabio Tramontana, 2008. "A Dynamic Model of a Boundedly Rational Consumer and Global Analysis," Economia politica, Società editrice il Mulino, issue 1, pages 59-94.
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    Cited by:

    1. Fanti, Luciano & Gori, Luca & Sodini, Mauro, 2012. "Nonlinear dynamics in a Cournot duopoly with relative profit delegation," Chaos, Solitons & Fractals, Elsevier, vol. 45(12), pages 1469-1478.
    2. Caravaggio, Andrea & Gori, Luca & Sodini, Mauro, 2022. "Endogenous preferences in a dynamic Cournot duopoly," Chaos, Solitons & Fractals, Elsevier, vol. 161(C).

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