Chaos Models in Economics

The paper discusses the main ideas of the chaos theory and presents mainly the importance of the nonlinearities in the mathematical models. Chaos and order are apparently two opposite terms. The fact that in chaos can be found a certain precise symmetry (Feigenbaum numbers) is even more surprising....

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Veröffentlicht in:	arXiv.org 2010-01
Hauptverfasser:	Vlad, Sorin, Pascu, Paul, Morariu, Nicolae
Format:	Artikel
Sprache:	eng
Schlagworte:	Chaos theory Computer simulation Economic models Mathematical models Nonlinear feedback
Online-Zugang:	Volltext
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