Journal ArticleDOI
Chaotic dynamics: theory and applications to economics, by Alfredo Medio in collaboration with Giampaolo Gallo. Pp 344. £35. 1993. ISBN 0-521-39488-0; (Accompanying Disk ISBN 0-521-42107-1. £30 MSDOS or Apple Mac). (Cambridge University Press)
TLDR
This book introduces chaos and economics in a continuous-time model of inventory business cycles and applications to Economics, and discusses the role of software in this transformation.Abstract:
Preface Part I. Theory: 1. General introduction: chaos and economics 2. Basic mathematical concepts 3. A user's guide 4. Surfaces of sections and Poincare maps 5. Spectral analysis 6. Lyapunov characteristic exponents 7. Dimensions 8. Symbolic dynamics 9. Transition to chaos: theoretical predictive criteria 10. Analysis of experimental signals: some theoretical problems Part II. Applications to Economics: 11. Discrete and continuous chaos 12. Cycles and chaos in overlapping generations models with production 13. Chaos in a continuous-time model of inventory business cycles 14. Analysis of experimental signals Part III. Software: 15. DMC manual 16. MODEL 17. EVAL 18. PLOT 19. STAT 20. FILES 21. UTIL 22. OPTS 23. QUIT 24. Internal menu commands 25. DMC internal compiler.read more
Citations
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Journal ArticleDOI
Heterogeneous Agent Models in Economics and Finance
Cars Hommes,Cars Hommes +1 more
TL;DR: A survey of dynamic heterogeneous agent models (HAMs) in economics and finance can be found in this article, where the authors focus on simple models that are tractable by analytic methods in combination with computational tools.
Book ChapterDOI
Chapter 23 Heterogeneous Agent Models in Economics and Finance
TL;DR: A survey of dynamic heterogeneous agent models (HAMs) in economics and finance can be found in this paper, where the authors focus on simple models that are tractable by analytic methods in combination with computational tools.
MonographDOI
Behavioral Rationality and Heterogeneous Expectations in Complex Economic Systems
TL;DR: In this paper, the nonlinear cobweb model with heterogeneous expectations was proposed and empirically validated in a laboratory experiment, and an asset pricing model was proposed with heterogenous beliefs.
Book
Time-Series Analysis and Cyclostratigraphy: Examining Stratigraphic Records of Environmental Cycles
TL;DR: This work Constructing time series in cyclostratigraphy with a focus on environmental cycles recorded stratigraphically and additional methods of time-series analysis.
CapitalLabor Substitution and Competitive Nonlinear Endogenous Business Cycles
TL;DR: In this article, simple geometrical methods were developed to study local indeterminacy, bifurcations and stochastic (sunspot) equilibria near a steady state, in nonlinear two dimensional economic models.
References
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Journal ArticleDOI
The Goodwin cycle improved with generalized wages: phase portrait, periodic behaviour
TL;DR: In this paper, it is proved that the Phillips curve f (v) is such that all its not-constant solutions shall be periodic, and an asymptotic (low-energy) expression of the period/energy function is computed, establishing a sufficient condition for its monotonicity.
Book ChapterDOI
Complexity in a Bertrand Duopoly Game with Heterogeneous Players and Differentiated Goods
TL;DR: In this paper, the authors investigate the dynamics of a nonlinear discrete-time Bertrand duopoly game with differentiated goods and show that the model gives more complex chaotic and unpredictable trajectories as a consequence of change in the parameter of horizontal product differentiation.
Data Warehouse Operational Design: View Selection and Performance Simulation
TL;DR: In this article, the authors present a survey of views to automate the problem of instantiate MVS problems in a data warehouse, based on a simulation model and an analysis of a data warhorse.
Journal ArticleDOI
Hierarchy of piecewise non-linear maps with non-ergodic behaviour
TL;DR: In this article, the dynamics of a hierarchy of piecewise chaotic maps generated by a one-parameter family of trigonometric chaotic maps and a one parameter family of elliptic chaotic maps of the cn and sn type are studied.
Proceedings ArticleDOI
On testing for nonlinear dependence and chaos in financial time series data
TL;DR: Two examples of high frequency financial time series data analysis are provided in order to investigate the characteristics of the data generating processes involved and to illustrate the difficulties encountered in numerical analyses.