Perception of Fundamental Values and Financial Market Dynamics: Mathematical Insights from a 2D Piecewise Linear Map

DOI10.1137/21M1456339OpenAlexW4309792854MaRDI QIDQ5056839

Noemi Schmitt, Iryna Sushko, Laura Gardini, Davide Radi, Frank H. Westerhoff

Publication date: 8 December 2022

Published in: SIAM Journal on Applied Dynamical Systems (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1137/21m1456339

zbMATH Keywords

financial market modelborder collision bifurcationbifurcation structurediscontinuous piecewise linear mapboom-bust cycles

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Dynamical systems in optimization and economics (37N40) Economic dynamics (91B55) Financial markets (91G15)

Related Items (2)

Existence proofs for strange attractors in piecewise-smooth nonlinear Lozi-Hénon and Belykh maps ⋮ Bifurcation, chaos and multi-stability regions in an asset pricing model with three subsystems

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