Please use this identifier to cite or link to this item: https://hdl.handle.net/2440/319
Type: Journal article
Title: Nonlinear-cobweb dynamics in the approach to equilibrium
Author: Gaffney, J.
Pearce, C.
Citation: Australia and New Zealand Industrial and Applied Mathematics (ANZIAM) Journal, 2004; 46:79-83
Publisher: Australian Mathematical Society
Issue Date: 2004
ISSN: 1446-1811
Statement of
Responsibility: 
J. M. Gaffney and C. E. M. Pearce
Abstract: We discuss some propositions of Holmes and Manning relating to the evolution of price in a cobweb market approaching equilibrium. We find in particular that the detailed behaviour of the linear model is quite typical of nonlinear cobweb models.
Description: © Australian Mathematical Society The document attached has been archived with permission from the publisher.
Published version: http://www.austms.org.au/Publ/ANZIAM/V46P1/2050.html
Appears in Collections:Applied Mathematics publications
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