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entité > modèle > modèle mathématique > modèle de cobweb

PREFERRED TERM

void:inDataset: http://aims.fao.org/aos/agrovoc/void.ttl#Agrovoc

Created: 1987-01-26T00:00:00Z

Last modified: 2021-05-24T17:34:42Z

skos:notation: 9954

modèle de cobweb  

DEFINITION

  • The cobweb model or cobweb theory is an economic model that explains why prices may be subjected to periodic fluctuations in certain types of markets. It describes cyclical supply and demand in a market where the amount produced must be chosen before prices are observed. Producers' expectations about prices are assumed to be based on observations of previous prices (en)

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URI

http://aims.fao.org/aos/agrovoc/c_9954

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