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Contribution Details
| Type | Working Paper |
| Scope | Discipline-based scholarship |
| Title | Resuscitating the Cobweb Cycle |
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| Institution | University of Zurich |
| Series Name | Working paper series / Institute for Empirical Research in Economics |
| Number | No. 123 |
| ISSN | 1424-0459 |
| Date | 2002 |
| Abstract Text | "This note shows that permanent fluctuations in the Cobweb model — though inconsistent with a rational expectations equilibrium — can be justified as being rational when reinterpreting the model in the theory of rational beliefs." |
| Official URL | http://www.econ.uzh.ch/wp.html |
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