The law of demand implies limits to chaos

DOI10.1016/S0165-1765(00)00278-0MaRDI QIDQ1583403zbMATH OpenOpenAlexFDO

Authors R. Smith

Publication date 26 October 2000

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/s0165-1765(00)00278-0

zbMATH Keywords

chaosattractorstatonnementlaw of demand

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)

Recommendations

• Global stability condition on the plane: a general law of demand
• Market Dynamics and the Law of Demand
• The Law of Demand When Income Is Price Dependent
• Chaotic tatonnement
• The Law of Demand and Risk Aversion

Cites work

• scientific article; zbMATH DE number 3692316 (Why is no real title available?)
• scientific article; zbMATH DE number 851253 (Why is no real title available?)
• Market Dynamics and the Law of Demand
• Some applications of Hausdorff dimension inequalities for ordinary differential equations
• Techniques in fractal geometry
• Two Remarks on the Number of Equilibria of an Economy

Cited in

(1)

• Tatonnement beyond gross substitutes? Gradient descent to the rescue

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