Essays in Economic Dynamics

Part I. Methodological Issue

1. Simonian Bounded Rationality and Complex Behavioral Economics
J. Barkley Rosser, Marina V. Rosser

2. An Alternative Proof of the Theorem of Woodford on the Existence of a Sunspot Equilibrium in a Continuous-Time Model
Kazuo Nishimura, Tadashi Shigoka

Part II. Microeconomics Models

3. Hotelling Duopoly Revisited
Tönu Puu

4. Learning in Monopolies with Delayed Price Information
Akio Matsumoto, Ferenc Szidarovszky

5. Different Modelling Approaches for Time Lags in a Monopoly
Luca Gori, Luca Guerrini, Mauro Sodini

6. Dynamic Oligopoly Models with Production Adjustment and Investment Costs
Akio Matsumoto, Ugo Merlone, Ferenc Szidarovszky

7. A Stylized Model for Long-Run Index Return Dynamics
Natascia Angelini, Giacomo Bormetti, Stefano Marmi, Franco Nardini

8. A Non-Walrasian Microeconomic Foundation of the “Profit Principle” of Investment
Hiroki Murakami

Part III. Macroeconomic Models

9. The Stability of Normal Equilibrium Point and the Existence of Limit Cycles in a Simple Keynesian Macrodynamic Model of Monetary Policy
Toichiro Asada, Michal Demetrian, Rudolf Zimka

10. Pathology in the Market Economy: Self-fulfilling Process to Chronic Slump
Akitaka Dohtani

11. Delay Kaldor–Kalecki Model Revisited
Akio Matsumoto, Ferenc Szidarovszky

12. Two Time Lags in the Public Sector: Macroeconomic Stability and Complex Behaviors
Eiji Tsuzuki

13. Liquidity Shock, Animal Spirits and Bank Runs
Huang Weihong, Huang Qiao

14. A Mathematical Note on Stabilization Policy and Dynamic Inefficiency
Masahiro Yabuta

Avainsanat: Economics, Institutional/Evolutionary Economics, Regional/Spatial Science, Economic Theory/Quantitative Economics/Mathematical Methods, Environmental Economics