Iimura, Takuya - In: Studies in Nonlinear Dynamics & Econometrics 5 (2007) 4, pp. 1084-1084
This paper investigates topologically semiconjugate dynamics as a macrorepresentation of microeconomic dynamics. The condition for its existence, its summarizing property, and its inferability property are discussed. As an example, we present a model of a temporary equilibrium price dynamic that...