Cala Zafferano, Teulada (SU)
Publications:
Interacting Cobweb Demands (with Giorgio Ricchiuti):
Published in Computational Economics (Springer):
https://link.springer.com/article/10.1007/s10614-024-10788-x#article-info
This paper proposes a simple stylized two-good dynamical cobweb model. Consumers and producers are located in two countries, where they can choose to consume either locally produced or imported goods. We introduce a heuristic rule for consumers, which considers a convex combination of purchasing the cheapest good and the expected intrinsic quality of the two goods. Numerical simulations demonstrate that the interconnection between markets is a primary driver of instability, manifesting through either a flip or a Hopf bifurcation. Additionally, the dynamics depend closely on the price-quality trade-off. We identify three scenarios: when only price matters, a stable period-2 cycle arises; when only quality matters, the system converges; and in intermediate cases, complex dynamics emerge. Notably, we discovered a boundary crisis region, where there is a sudden shift from a chaotic attractor to stability. Finally, as a brief extension, we analyze the system when tariffs are considered for policy purposes.
WP/Work in progress:
Misperception of norms: Smartphone Use (with Andrea Blasco and Paolo Pin):
📄 WP version soon available .
The first Network Dimension (with Pietro Battiston):
📄 1st draft soon available.
The slider task: An oTree implementation for studying incentive effects in online experiments (with Riccardo Vannozzi):
📄 1st draft soon available.
Other works in progress:
Are Aspirations Endogenous or Exogenous? A Complementary Analysis of Parsons and Veblen and the Implications for Social Mobility.
📄 Thesis Chapter.
Assessing Public Support on Climate and Redistributive Policies: an Opinion Dynamics Agent-Based Model Exploration. (with Angelo Piga, Marco Catola, Simone D'Alessandro, Pietro Guarnieri, Jordi Solè).
Measuring Time Poverty with Income-Personalised Thresholds: A Unified Absolute-Relative Framework (with Pietro Guarnieri).