Robust ergodic chaos in discounted dynamic optimization models

DOI10.1007/BF01212024zbMath0820.90017OpenAlexW4241622759MaRDI QIDQ1341521

Tapan Mitra, Mukul K. Majumdar

Publication date: 5 January 1995

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf01212024

zbMATH Keywords

chaotic dynamical systemsdiscounted dynamic optimization

Mathematics Subject Classification ID

Economic growth models (91B62) Strange attractors, chaotic dynamics of systems with hyperbolic behavior (37D45)

Related Items

Chaotic dynamical systems: An introduction ⋮ Ergodic chaos in optimal growth models with low discount rates

Cites Work

• On iterations of \(1-\alpha x^2\) on \((-1,1)\)
• On the indeterminacy of capital accumulation paths
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• Periodic and chaotic programs of optimal intertemporal allocation in an aggregative model with wealth effects