A pitchfork bifurcation in the tatonnement process

DOI10.1007/S001990050171MaRDI QIDQ1374891zbMATH OpenOpenAlexFDO

Authors Venkatesh Bala

Publication date 18 December 1997

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s001990050171

zbMATH Keywords

continuous time tatonnement processpitchfork bifurcationunique, globally stable competitive equilibrium

Mathematics Subject Classification ID

General equilibrium theory (91B50)

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(4)

• An N-dimensional version of Scarf's example
• On the equivalence between the overlapping-generations model and cyclical general-equilibrium models
• Growth dynamics and returns to scale: Bifurcation analysis
• Trade elasticity of substitution and equilibrium dynamics

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