Title of article
A price adjustment process with symmetry
Author/Authors
Jan Tuinstra، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1997
Pages
7
From page
297
To page
303
Abstract
We study the dynamics of a symmetric tâtonnement process on the two-dimensional simplex. Applying recent bifurcation theory for symmetric systems, we show bifurcation routes to multiple coexisting strange attractors as the speed of adjustment increases.
Keywords
Tatonnement process , Nonlinear dynamics , Symmetry
Journal title
Economics Letters
Serial Year
1997
Journal title
Economics Letters
Record number
434458
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