Chaotic consumption patterns in a simple 2-D addiction model

DOI10.1007/S001990050151zbMATH Open0881.90034OpenAlexW2050813238MaRDI QIDQ1361099FDOQ1361099

Alexandra Milik, Gustav Feichtinger, Cars Hommes

Publication date: 23 July 1997

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s001990050151

zbMATH Keywords

consumption fluctuationsunpredictable consumption patterns

Mathematics Subject Classification ID

Strange attractors, chaotic dynamics of systems with hyperbolic behavior (37D45) Consumer behavior, demand theory (91B42) Economic growth models (91B62) Applications of dynamical systems (37N99)

Cited In (5)

• Habit formation and chaotic dynamics in an \(n\)-dimensional cash-in-advance economy
• Rational addictive cycles (‘binges’) under a budget constraint
• Gustav Feichtinger celebrates his 70th birthday
• Productive public expenditures, expectation formations and nonlinear dynamics
• Chaotic dynamics in a two-dimensional overlapping generations model.

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