蜘蛛の巣理論
Meanings
1
cobweb theorem
Economic model explaining cyclical price and quantity fluctuations in markets with production lags, such as agriculture.
Price fluctuations in agricultural markets are sometimes explained by the cobweb theorem.
cobweb theorem
Economic model explaining cyclical price and quantity fluctuations in markets with production lags, such as agriculture.
Price fluctuations in agricultural markets are sometimes explained by the cobweb theorem.