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This book has its focus on the dynamics of oligopoly games. Several contributions show how easily the unique Nash equilibria in some most traditional oligopoly models may lose stability, giving way to complex phenomena, such as periodic/chaotic processes, and to multi stability of coexistent...
Persistent link: https://www.econbiz.de/10013518523
The book studies nonlinear economic dynamics. Formation of spatial patterns, population dynamics in space and time, and spatial waves of business cycles are discussed. The main part dwells on business cycle theory, using a multiplier-accelerator model in a spatial setting with interregional...
Persistent link: https://www.econbiz.de/10013520147
ECONOMIC ISSUES, PROBLEMS AND PERSPECTIVES NONLINEAR ECONOMIC DYNAMICS TONU PUU AND ANASTASIIA PANCHUK EDITORS x&; Nova Science Publishers, Inc. New...
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This book is a general inquiry into the effects of nonlinearity on dynamic economic models, focusing phenomena such as limit cycles, quasiperiodicity, bifurcations, and chaos. Topics from both micro- and macroeconomics are dealt with, for instance the search dynamics of a monopolist facing...
Persistent link: https://www.econbiz.de/10013521825
This book studies nonlinear economic dynamics. Formation of spatial patterns, population dynamics in space and time, and spatial waves of business cycles are discussed. The main part dwells on business cycle theory, using a multiplier-accelerator model in a spatial setting with interregional...
Persistent link: https://www.econbiz.de/10013522291
This book inquires into the non-linear dynamics in mathe- matical economic modelling. The formation of spatial patterns, like market areas, trade flows, and settlement structures are studied. The basic approach is to studythe qualitative features of the structurally stable pattern by means of...
Persistent link: https://www.econbiz.de/10013522295