Wednesday, February 25, 2015

This plucking model, redux



The plucking model is back on the blogs (H/T Mark Thoma, for both the link and writing the blog post that introduced me to the model in the first place). As a reminder, temporary bouts of non-ideal information transfer (or reversals of the "second law" of economics), basically lead to a "plucking model" view:

http://informationtransfereconomics.blogspot.com/2013/12/this-plucking-model.html

http://informationtransfereconomics.blogspot.com/2014/05/the-effect-of-expectations-in-economics.html

http://informationtransfereconomics.blogspot.com/2014/12/an-information-transfer-traffic-model.html

http://informationtransfereconomics.blogspot.com/2013/12/plucking-rgdp-growth.html

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