Interaction and Market Structure Essays on Heterogeneity in Economic
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Managing Editors: Prof. Dr. G. Fandel Fachbereich Wirtschaftswissenschaften Femuniversitat Hagen Feithstr. 140lAVZ II, D-58084 Hagen, Germany Prof. Dr. W. Trockel Institut fUr Mathematische Wirtschaftsforschung (IMW) Universitat Bielefeld Universitatsstr. 25, D-33615 Bielefeld, Germany
484
Springer-V erlag Berlin Heidelberg GmbH
Domenico Delli Gatti Mauro Gallegati Alan Kirman (Eds.)
Interaction and Market Structure Essays on Heterogeneity in Economics
Springer
Editors Prof. Domenico Delli Gatti Catholic University of Milan ITEMQ Largo Gemelli, 1 20123 Milan, Italy Prof. Mauro Gallegati DSGSS Viale Cruci oIi, 120 64100 Teramo, Italy
Prof. Alan Kirman EHESS, IUF, Universite d'Aix-Marseille III GREQAM 2 Rue de la Charite 13002 Marseille, France
Library of Congress Cataloging-in-Publication Data Interaction anei market structure : essays on heterogeneity in economics / Domenico Delli Gatti, Mauro Gallegati, Alan K.irman (Eds.). p. cm. - (Lecture notes in economics anei mathematica1 systems ; 484) Includes bibliographica1 references (p. ). ISBN 978-3-540-66979-1 ISBN 978-3-642-57005-6 (eBook) DOI 10.1007/978-3-642-57005-6 1. Economics--Mathematica1 models. 2. Markets--Mathematica1 models. 1. Delli Gatti, Domenico. II. Gallegati, M. (Mauro) ill. K.irman, A. P. IV. Series. HB135 .1552000 330'.01'l--dc21
99-462210
ISSN 0075-8442 ISBN 978-3-540-66979-1 This work is subject to copyright. AII rights are reserved, whether the whole or part of the material is concemed, specifically the rights of translation, reprinting, re-use of illustrations, recitation, broadcasting, reproduction on microfilms or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be obtained from Springer-Verlag. Violations are liable for prosecution under the German Copyright Law. © Springer-Verlag Berlin Heidelberg 2000 Originally published by Springer-Verlag Berlin Heidelberg New York in 2000 The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. Typesetting: Camera ready by author SPIN: 10734504 42/3143/du 543210
Contents
Introduction Domenico Delli Gatti, Mauro Gallegati, Alan P.Kirman ................. .
Learning to Trade and Mediate Herbert Dawid .................................................... ...............
9
Learning to Be Loyal. A Study of the Marseille Fish Market Alan P.Kirman, Nicolaas 1. Vriend ...........................................
33
On New Phenomena in Dynamic Promotional Competition Models with Homogeneous and Quasi-Homogeneous Firms Michael Kopel, Gian Italo Bischi, Laura Gardini .........................
57
A Reconsideration of Professor Iwai's Schumpeterian Dynamics Reiner Franke. . . . . .. . .. . . . .. .
