type="main" xml:lang="en" <title type="main">Abstract</title> <p>In his previous work, Yano defined market quality as a market performance measure combining efficiency and fairness. His theory states that market quality is supported by well-coordinated market infrastructure, including laws, rules, and compliance as well as...</p>

This study investigates the observability of chaotic economic dynamics in the Matsuyama model of endogenous growth with innovation and capital accumulation. We demonstrate that the Matsuyama system can be an ergodic chaos for a wide range of parameter values; as is well known, in an ergodic...