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A simple example of complex dynamics.

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Publication:1817979
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DOI10.1007/s001990050353zbMath1078.91546OpenAlexW2021842078MaRDI QIDQ1817979

Anjan Mukherji

Publication date: 1999

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

Full work available at URL: https://doi.org/10.1007/s001990050353


zbMATH Keywords

Period-doubling bifurcationTopological and ergodic chaostwo-person, two-good exchange economy


Mathematics Subject Classification ID

Economic growth models (91B62) Dynamical systems in optimization and economics (37N40)


Related Items (6)

Misperception-driven chaos: theory and policy implications ⋮ An elementary information macrodynamic model of a market economic system ⋮ Let it be: chaotic price instability can be beneficial ⋮ A tâtonnement process with fading memory, stabilization and optimal speed of convergence ⋮ Convergence of iterative tâtonnement without price normalization ⋮ An Economy Can Have a Lorenz-Type Chaotic Attractor




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