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On the existence of universally convergent mechanisms

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Publication:5906470
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DOI10.1016/0165-1889(94)90010-8zbMath0796.90005OpenAlexW2031751452MaRDI QIDQ5906470

Nicholas M. Kiefer, Venkatesh Bala

Publication date: 14 March 1994

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1889(94)90010-8


zbMATH Keywords

chaotic dynamical systemscomputation of economic equilibria


Mathematics Subject Classification ID

Economic growth models (91B62)


Related Items (1)

A tâtonnement process with fading memory, stabilization and optimal speed of convergence



Cites Work

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  • Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
  • On the local convergence of economic mechanisms
  • A convergent process of price adjustment and global Newton methods
  • Excess demand functions
  • Some Examples of Global Instability of the Competitive Equilibrium
  • Newton's Method, Circle Maps, and Chaotic Motion
  • Iterative Price Mechanisms
  • On the abundance of aperiodic behaviour for maps on the unit interval
  • MONEY, DYNAMIC STABILITY AND GROWTH *


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