Concept information
PREFERRED TERM
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void:inDataset: http://aims.fao.org/aos/agrovoc/void.ttl#Agrovoc
Created: 1981-01-26T00:00:00Z
skos:notation: 9954
DEFINITION
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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)Source: https://en.wikipedia.org/wiki/Cobweb_model
Created: 1/8/24
BROADER CONCEPT
- mathematical models (en)
INCLUDED IN
- econometric models (en)
IN OTHER LANGUAGES
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Arabic
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Chinese
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Czech
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modèle de cobweb
Created: 1987-01-26T00:00:00Z
Last modified: 2021-05-24T17:34:42Z
skos:notation: 9954
French
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German
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Hindi
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Hungarian
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Italian
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Japanese
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Korean
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Persian
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Polish
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modelo de cobweb
Created: 1998-08-04T00:00:00Z
Last modified: 2021-06-16T21:24:42Z
skos:notation: 9954
Portuguese
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Romanian
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Russian
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Slovak
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Spanish
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Turkish
URI
http://aims.fao.org/aos/agrovoc/c_9954
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