One-dimensional maps with two discontinuity points and three linear branches: mathematical lessons for understanding the dynamics of financial markets

DOI10.1007/s10203-013-0145-yzbMath1302.91199MaRDI QIDQ742458

Laura Gardini, Fabio Tramontana, Frank H. Westerhoff

Publication date: 18 September 2014

Published in: Decisions in Economics and Finance (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10203-013-0145-y

zbMATH Keywords

financial crises; border collision bifurcations; adding scheme; bull and bear dynamics; discontinuous piecewise linear maps

Mathematics Subject Classification ID

91G80: Financial applications of other theories

37N40: Dynamical systems in optimization and economics

91B55: Economic dynamics

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