Threshold nonlinearities and asymmetric endogenous business cycles

Article Abstract:

A model of endogenous business cycle in the presence of knowledge spillovers and a time-to-build restriction is presented. It is shown that the resulting dynamics generated by a dynamical system leads to an asymmetric periodic cycle of arbitrary period that appears to switch repeatedly between different regimes.

Analysis, Business cycles, Organizational behavior, Organizational behaviour

---

Complex dynamics in a cobweb model with adaptive production adjustment

Article Abstract:

A nonlinear cobweb model is examined and both observable and topological chaos are exhibited. Inelastic demand and rapid production adjustments by suppliers are linked to greater levels of chaos in markets.

Economics, Research and Development in the Social Sciences and Humanities, Research, Economic aspects, Chaos theory, Chaotic systems

---

Stability, chaos and multiple attractors: a single agent makes a difference

Article Abstract:

A naive optimizer or a cautious adapter can destabilize a market composed of mostly the opposite group.

World

Similar abstracts:

• Abstracts: Introduction to nonlinearities, business cycles, and forecasting. Growth, cycles and convergence in US regional time series
• Abstracts: Overtime, effort, and the propagation of business cycle shocks. Non-convex costs and capital utilization: A study of production scheduling at automobile assembly plants
• Abstracts: The Internet and the Middle East: commerce brings region on-line. Jordan's economy
• Abstracts: Economic crime in Russia. Social priorities and mechanisms of economic transformation in Russia
• Abstracts: The socioeconomic consequences of moving toward the market. Poverty in Russia. The evolution of the Russian pension system under economic crisis conditions

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.