Description: Nonlinear Dynamics in Equilibrium Models : Chaos, Cycles and Indeterminacy, Paperback by Stachurski, John (EDT); Venditti, Alain (EDT); Yano, Makoto (EDT), ISBN 3642446221, ISBN-13 9783642446221, Like New Used, Free shipping in the US Optimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the techniques of nonlinear dynamical systems have become a vital tool in optimal growth theory, illuminating dynamics and demonstrating the possibility of endogenous economic fluctuations. Kazuo Nishimura's seminal contributions on business cycles, chaotic equilibria and indeterminacy have been central to this development, transforming our understanding of economic growth, cycles, and the relationship between them. The subjects of Kazuo's analysis remain of fundamental importance to modern economic theory. This book collects his major contributions in a single volume. Kazuo Nishimura has been recognized for his contributions to economic theory on many occasions, being elected fellow of the Econometric Society and serving as an editor of several major journals. Chapter “Introduction” is available open access under a Creative Commons Attribution-NonCommercial-NoDerivatives International License via .
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Book Title: Nonlinear Dynamics in Equilibrium Models : Chaos, Cycles and Inde
Number of Pages: Xi, 454 Pages
Language: English
Publication Name: Nonlinear Dynamics in Equilibrium Models : Chaos, Cycles and Indeterminacy
Publisher: Springer Berlin / Heidelberg
Subject: Development / Economic Development, Economics / General, System Theory
Publication Year: 2014
Type: Textbook
Item Weight: 25.1 Oz
Author: Alain Venditti
Subject Area: Science, Business & Economics
Item Length: 9.3 in
Item Width: 6.1 in
Format: Trade Paperback
