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Divergence, closed cycles and convergence in scarf environments: Experiments in the dynamics of general equilibrium systems

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Author Info

  • Hirota, Masayoshi
  • Hsu, Ming
  • Plott, Chrales R.
  • Rogers, Brian W.

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Bibliographic Info

Paper provided by California Institute of Technology, Division of the Humanities and Social Sciences in its series Working Papers with number 1239.

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Length: 50 pages
Date of creation: Oct 2005
Date of revision:
Handle: RePEc:clt:sswopa:1239

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Postal: Working Paper Assistant, Division of the Humanities and Social Sciences, 228-77, Caltech, Pasadena CA 91125
Phone: 626 395-4065
Fax: 626 405-9841
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Web page: http://www.hss.caltech.edu/ss

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Postal: Working Paper Assistant, Division of the Humanities and Social Sciences, 228-77, Caltech, Pasadena CA 91125
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Related research

Keywords: general equilibrium; stability; experiments;

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Cited by:
  1. Jacob K. Goeree & Luke Lindsay, 2012. "Stabilizing the economy: Market design and general equilibrium," ECON - Working Papers, Department of Economics - University of Zurich 092, Department of Economics - University of Zurich.
  2. Anjan Mukherji, 2012. "The second fundamental theorem of positive economics," International Journal of Economic Theory, The International Society for Economic Theory, vol. 8(2), pages 125-138, 06.
  3. Sean Crockett & Ryan Oprea & Charles Plott, 2011. "Extreme Walrasian Dynamics: The Gale Example in the Lab," American Economic Review, American Economic Association, vol. 101(7), pages 3196-3220, December.
  4. Mukherji, Anjan, 2010. "Stability of the Market Economy in the Presence of Diverse Economic Agents," Working Papers, JICA Research Institute 8, JICA Research Institute.

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