scholarly journals A Globally and Universally Stable Price Adjustment Process

1996 ◽  
pp. 349-388 ◽  
Author(s):  
P. Jean-Jacques Herings
Keyword(s):  
Price Adjustment ◽  
Adjustment Process

A price adjustment process in a rationed economy

1994 ◽  
Vol 23 (4) ◽  
pp. 305-321 ◽  
Author(s):  
Solomon M. Movshovich
Keyword(s):  
Price Adjustment ◽  
Adjustment Process

Impact of the price adjustment process and trading noise on return patterns of grain futures

1992 ◽  
Vol 12 (5) ◽  
pp. 575-585 ◽  
Author(s):  
Shi-Miin Liu ◽  
Sarahelen Thompson ◽  
Paul Newbold
Keyword(s):  
Price Adjustment ◽  
Adjustment Process

A globally and universally stable price adjustment process

1997 ◽  
Vol 27 (2) ◽  
pp. 163-193 ◽  
Author(s):  
P Jean-Jacques Herings
Keyword(s):  
Price Adjustment ◽  
Adjustment Process

scholarly journals A convergent price adjustment process

1987 ◽  
Vol 23 (2) ◽  
pp. 119-123 ◽  
Author(s):  
G. Van Der Laan ◽  
A.J.J. Talman
Keyword(s):  
Price Adjustment ◽  
Adjustment Process

SELF-ORGANIZED PERCOLATION AND CRITICAL SALES FLUCTUATIONS

2000 ◽  
Vol 11 (06) ◽  
pp. 1263-1272 ◽  
Author(s):  
GÉRARD WEISBUCH ◽  
SORIN SOLOMON
Keyword(s):  
Social Network ◽  
Simple Model ◽  
Stock Markets ◽  
Information Diffusion ◽  
Price Adjustment ◽  
Adjustment Process ◽  
Standard View ◽  
Individual Preferences ◽  
Self Organized ◽  
Large Fluctuations

There is a discrepancy between the standard view of equilibrium through price adjustment in economics and the observation of large fluctuations in stock markets. We study here a simple model where agents decisions not only depend upon their individual preferences but also upon information obtained from their neighbors in a social network. The model shows that information diffusion coupled to the adjustment process drives the system to criticality with large fluctuations rather than converging smoothly to equilibrium.

scholarly journals Price adjustment process for rental office space

1987 ◽  
Vol 22 (1) ◽  
pp. 90-100 ◽  
Author(s):  
James D. Shilling ◽  
C.F. Sirmans ◽  
John B. Corgel
Keyword(s):  
Price Adjustment ◽  
Adjustment Process ◽  
Office Space
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