03-020/1 - Learning in Cobweb Experiments

• Authors
  C.H. Hommes, CeNDEF, Dept of Quantitative Economics, FEE, University of Amsterdam; J.H. Sonnemans, CREED, CeNDEF, Dept of Economics, FEE, University of Amsterdam; J. Tuinstra, CeNDEF, Dept of Quantitative Economics, FEE, University of Amsterdam; H. van de Velde, CeNDEF, Dept of Quantitative Economics, FEE, University of Amsterdam
• Publication date
  March 11, 2003

• Keywords
  expectations; learning; cobweb dynamics; excess volatility.
• JEL
  C92; D84; E32.