Some reflections on past and future of nonlinear dynamics in Economics and Finance

Fabio Tramontana, Mikhail Anufriev, Davide Radi

Risultato della ricerca: Contributo in rivistaArticolo in rivista

5 Citazioni (Scopus)

Abstract

This paper offers an overview of the literature on the economic and financial applications of theory of nonlinear dynamics, especially bifurcation theory. After a short introductory discussion of the first nonlinear dynamic models in social sciences and the economic relevance of the zoo of bifurcations and complicated dynamics that such models can generate, we present an overview of the literature on nonlinear dynamic models in the areas of underdevelopment, environmental poverty traps, the management of common goods, industrial organization and financial markets. The review of the literature is enriched by reflections and ideas for future research.
Lingua originaleEnglish
pagine (da-a)91-118
Numero di pagine28
RivistaDecisions in Economics and Finance
Volume2018
Stato di pubblicazionePubblicato - 2018

Keywords

  • Local and Global Bifurcations
  • Nonlinear dynamics

Fingerprint

Entra nei temi di ricerca di 'Some reflections on past and future of nonlinear dynamics in Economics and Finance'. Insieme formano una fingerprint unica.

Cita questo