Extended Model on Structural Stability and Robustness to Bounded Rationality

Complexity 2021:1-6 (2021)
  Copy   BIBTEX

Abstract

In this article, we focus on an extended model M ¯ of bounded rationality. Based on a rationality function with lower semicontinuity, we analyze the relationship between structural stability and robustness of Ω ¯. To further demonstrate the applicability of our theory, we introduce a model Ω ¯ 0 containing an abstract rationality function and generalize abstract fuzzy economies. We demonstrate the structural stability of the extended model Ω ¯ 0 at ξ ¯, ɛ. That is to say, Ω ¯ 0 is robust to the ξ ¯, ɛ -equilibria.

Links

PhilArchive



    Upload a copy of this work     Papers currently archived: 91,164

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Dynamic Economic Theory.Michio Morishima - 1996 - Cambridge University Press.
Societal Rationality: Bounded or Embedded?Michael J. DeMoor - 2019 - Philosophia Reformata 84 (2):171-193.
Resiliency, robustness and rationality of probability judgements.James Logue - 1997 - International Studies in the Philosophy of Science 11 (1):21 – 34.
Herbert Simon’s Silent Revolution.Werner Callebaut - 2007 - Biological Theory 2 (1):76-86.
On End‐Extensions of Models of ¬exp.Fernando Ferreira - 1996 - Mathematical Logic Quarterly 42 (1):1-18.
Immorality and Irrationality.Alex Worsnip* - 2019 - Philosophical Perspectives 33 (1):220-253.

Analytics

Added to PP
2021-05-18

Downloads
5 (#1,463,568)

6 months
5 (#526,961)

Historical graph of downloads
How can I increase my downloads?

Author Profiles

Citations of this work

No citations found.

Add more citations