Rational expectations introduce complexities that can destabilize traditional cobweb economic models, leading to cycles and bifurcations rather than smooth convergence to equilibrium.
The retrieved literature, particularly papers [0] and [6], discusses how expectations (specifically rational expectations) affect the dynamics of the classical cobweb model, showing that they lead to instability, cycles, and bifurcations. No papers refute this claim. Therefore, the verdict is SUPPORTED.