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Nonlinear Dynamical Economics and Chaotic Motion

  • Book
  • © 1989

Overview

Authors:
  1. Hans-Walter Lorenz

    1. Volkswirtschaftliches Seminar, Georg-August-Universität Göttingen, Göttingen, Germany

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Part of the book series: Lecture Notes in Economics and Mathematical Systems (LNE, volume 334)

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Table of contents (8 chapters)

  1. Front Matter

    Pages I-XI
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  2. Introduction

    • Hans-Walter Lorenz
    Pages 1-4

  3. Economic Dynamics, Linearities, and the Classical Mechanistic Worldview

    • Hans-Walter Lorenz
    Pages 5-30

  4. Nonlinearities in Dynamical Economics

    • Hans-Walter Lorenz
    Pages 31-63

  5. Bifurcation Theory in Dynamical Economics

    • Hans-Walter Lorenz
    Pages 64-99

  6. Chaotic Dynamics

    • Hans-Walter Lorenz
    Pages 100-174

  7. Numerical Tools

    • Hans-Walter Lorenz
    Pages 175-202

  8. Further Topics in Nonlinear Dynamical Economics

    • Hans-Walter Lorenz
    Pages 203-215

  9. Concluding Remarks

    • Hans-Walter Lorenz
    Pages 216-219

  10. Back Matter

    Pages 220-248
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Keywords

About this book

The plan to publish the present book arose while I was preparing a joint work with Gunter Gabisch (Gabisch, G. /Lorenz, H. -W. : Business Cycle Theory. Berlin-Heidel­ berg-New York: Springer). It turned out that a lot of interesting material could only be sketched in a business cycle text, either because the relevance for business cycle theory was not evident or because the material required an interest in dynamical economics which laid beyond the scope of a survey text for advanced undergraduates. While much of the material enclosed in this book can be found in condensed and sometimes more or less identical form in that business cycle text, the present monograph attempts to present nonlinear dynamical economics in a broader context with economic examples from other fields than business cycle theory. It is a pleasure for me to acknowledge the critical comments, extremely detailed remarks, or suggestions by many friends and colleagues. The responses to earlier versions of the manuscript by W. A. Barnett, M. Boldrin, W. A. Brock, C. Chiarella, C. Dale, G. Feichtinger, P. Flaschel, D. K. Foley, R. M. Goodwin, D. Kelsey, M. Lines, A. Medio, L. Montrucchio, P. Read, C. Sayers, A. Schmutzler, H. Schnabl, G. Silverberg, H. -\'\!. Sinn, J. Sterman, and R. Tscherning not only encouraged me to publish the book in its present form but helped to remove numerous errors (not only typographic ones) and conceptnal misunderstandings and flaws. Particular thanks go to G.

Authors and Affiliations

  • Volkswirtschaftliches Seminar, Georg-August-Universität Göttingen, Göttingen, Germany

    Hans-Walter Lorenz

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