Equilibrium and price stabilization

dc.contributor.author	Flåm, Sjur Didrik
dc.contributor.author	Gaasland, Ivar
dc.contributor.author	Vårdal, Erling
dc.date.accessioned	2006-07-20T10:03:50Z
dc.date.available	2006-07-20T10:03:50Z
dc.date.issued	2001-12
dc.identifier.issn	0803-4028
dc.identifier.uri	http://hdl.handle.net/11250/165876
dc.description.abstract	The main objects here are markets with stochastic demand and supply. Agriculture provides prime instances. A key concern is how a buffer agency may learn to stabilize prices. We model such learning and identify conditions under which the process may generate necessary input for comparative welfare analysis.	en
dc.format.extent	145258 bytes
dc.format.mimetype	application/pdf
dc.language.iso	eng	en
dc.publisher	SNF	en
dc.relation.ispartofseries	Working Paper	en
dc.relation.ispartofseries	2001:63	en
dc.subject	rational expectations	en
dc.subject	competitive equilibrium	en
dc.subject	price stabilization	en
dc.subject	buffer agency	en
dc.subject	stochastic approximation	en
dc.title	Equilibrium and price stabilization	en
dc.type	Working paper	en