Multiple attractors and nonlinear dynamics in an overlapping generations model with environment (Q1958768): Difference between revisions
From MaRDI portal
Set profile property. |
Set OpenAlex properties. |
||
| Property / full work available at URL | |||
| Property / full work available at URL: https://doi.org/10.1155/2010/503695 / rank | |||
Normal rank | |||
| Property / OpenAlex ID | |||
| Property / OpenAlex ID: W2059598045 / rank | |||
Normal rank | |||
Revision as of 00:39, 20 March 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Multiple attractors and nonlinear dynamics in an overlapping generations model with environment |
scientific article |
Statements
Multiple attractors and nonlinear dynamics in an overlapping generations model with environment (English)
0 references
29 September 2010
0 references
Summary: This paper develops a one-sector productive overlapping generations model with environment where a CES technology is assumed. Relying on numerical and geometrical approaches, various dynamic properties of the proposed model are explored: the existence of the phenomenon of multistability or the coexistence of different attractors was demonstrated. Finally, we describe a nontypical global bifurcation which determines the appearance of an attracting cycle.
0 references
overlapping generations
0 references
global bifurcation
0 references
coexistence of attractors
0 references
