Chaotic price behavior in a nonlinear cobweb model

DOI10.1016/0165-1765(84)90106-XzbMATH Open1273.91197OpenAlexW1988174260MaRDI QIDQ374940FDOQ374940

Authors: Roderick V. Jensen, Robin Urban 

Publication date: 24 October 2013

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1765(84)90106-x

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Mathematics Subject Classification ID

Dynamical systems in optimization and economics (37N40) Economic dynamics (91B55)

Cites Work

• Simple mathematical models with very complicated dynamics
• Quantitative universality for a class of nonlinear transformations
• Strange attractors and chaotic motions of dynamical systems
• On the abundance of aperiodic behaviour for maps on the unit interval
• Title not available (Why is that?)

Cited In (32)

• Memory and market stability: the case of the cobweb
• Chaotic dynamics in agricultural markets
• Cobwebs, chaos and bifurcations
• Memory, market stability and attractors coexistence in a nonlinear cobweb model
• Nonlinear-cobweb dynamics in the approach to equilibrium
• Periodic and aperiodic consumer behavior
• A cobweb model with local externalities
• Complex market dynamics under Box--Cox monopoly
• Spatially homogeneous global price dynamics on a chain of local markets
• Memory, market stability and the nonlinear cobweb theorem
• Coupling the Yoccoz–Birkeland population model with price dynamics: chaotic livestock commodities market cycles
• Hopf bifurcation in a cobweb model with discrete time delays
• Traveling wave global price dynamics of local markets with logistic supplies
• Stationary global dynamics of local markets with quadratic supplies
• Hopf bifurcation and stability crossing curves in a cobweb model with heterogeneous producers and time delays
• Nonlinear dynamics in economics. A theoretical and statistical approach to agriculture markets
• Bubbling phenomenon in a discrete economic model for the interaction of demand and supply
• Discrete dynamical systems in economics: two seminal models and their developments
• Path dependence in models with fading memory or adaptive learning
• Carl's nonlinear cobweb
• Stability analysis of a cobweb model with market interactions
• A stochastic cobweb dynamical model
• Complex dynamics in a nonlinear cobweb model for real estate market
• Price stabilization using buffer stocks
• Partial equilibrium analysis in a noisy chaotic market
• Equilibrium and disequilibrium dynamics in cobweb models with time delays
• Chaotic signals inside some tick-by-tick financial time series
• Stability analysis on a kind of nonlinear and unbalanced cobweb model
• Adaptive learning and roads to chaos. The case of the cobweb
• Irregular cobweb dynamics
• Application of nonlinear mapping theory to commodity price fluctuations
• Non-linearities and partial analysis

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