A non-linear model of interdependent consumer behaviour

DOI10.1016/0165-1765(88)90087-0zbMath1328.91171OpenAlexW2003505877MaRDI QIDQ900136

Jochen A. Jungeilges, Wulf Gaertner

Publication date: 1 January 2016

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

Full work available at URL: https://doi.org/10.1016/0165-1765(88)90087-0

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Dynamical systems in optimization and economics (37N40)

Related Items

Transitions in consumption behaviors in a peer-driven stochastic consumer network, Keeping up the Joneses. Chaotic patterns in a status game, Chaos resulting from nonlinear relations between different variables, Dynamics of a minimal consumer network with \textit{bi}-directional influence, Chaos Theory in Operations Research, Transitions between metastable long-run consumption behaviors in a stochastic peer-driven consumer network, Fashion cycle dynamics induced by agents' heterogeneity for generic bell-shaped attractiveness functions, A general equilibrium evolutionary model with two groups of agents, generating fashion cycle dynamics

Cites Work

• Unnamed Item
• Unnamed Item
• Periodic and aperiodic consumer behavior
• Rational Choice and Erratic Behaviour
• Chaotic behaviour of systems of difference equations
• Periodic Solutions of a Logistic Difference Equation
• Period Three Implies Chaos
• Simple mathematical models with very complicated dynamics