Equilibrium Analysis in Behavioural One-Sector Growth Models
(2023)
Journal Article
Acemoglu, D., & Jensen, M. K. (2024). Equilibrium Analysis in Behavioural One-Sector Growth Models. Review of Economic Studies, 91(2), 599-640. https://doi.org/10.1093/restud/rdad043
Rich behavioral biases, mistakes and limits on rational decision-making are often thought to make equilibrium analysis much more intractable. We establish that this is not the case in the context of one-sector growth models such as Ramsey-Cass-Koopma... Read More about Equilibrium Analysis in Behavioural One-Sector Growth Models.