最終更新日:2024/08/07
(economics) An economic model that ascribes the periodic price fluctuations in certain types of market to cyclical supply and demand where the amount produced must be chosen before prices are observed, and producers' expectations about prices are assumed to be based on observations of previous prices.
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cobweb model
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元となった辞書の項目
cobweb model
noun
(economics)
An
economic
model
that
ascribes
the
periodic
price
fluctuations
in
certain
types
of
market
to
cyclical
supply
and
demand
where
the
amount
produced
must
be
chosen
before
prices
are
observed,
and
producers'
expectations
about
prices
are
assumed
to
be
based
on
observations
of
previous
prices.
意味(1)
(economics)
An
economic
model
that
ascribes
the
periodic
price
fluctuations
in
certain
types
of
market
to
cyclical
supply
and
demand
where
the
amount
produced
must
be
chosen
before
prices
are
observed,
and
producers'
expectations
about
prices
are
assumed
to
be
based
on
observations
of
previous
prices.