• 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