Discrete Dynamical Systems, Bifurcations and Chaos in Economics - 1st Edition - ISBN: 9780444521972, 9780080462462

Discrete Dynamical Systems, Bifurcations and Chaos in Economics, Volume 204

1st Edition

Authors: Wei-Bin Zhang
eBook ISBN: 9780080462462
Hardcover ISBN: 9780444521972
Imprint: Elsevier Science
Published Date: 5th January 2006
Page Count: 460
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Table of Contents

1. Difference equations in economics
2. Scalar linear difference equations
3. One-dimensional dynamical economic systems
4. Time-dependent solutions of scalar systems
5. Economic bifurcations and chaos
6. Higher dimensional difference equations
7. Higher dimensional economic dynamics
8. Epilogue


Description

This book is a unique blend of difference equations theory and its exciting applications to economics. It deals with not only theory of linear (and linearized) difference equations, but also nonlinear dynamical systems which have been widely applied to economic analysis in recent years. It studies most important concepts and theorems in difference equations theory in a way that can be understood by anyone who has basic knowledge of calculus and linear algebra. It contains well-known applications and many recent developments in different fields of economics. The book also simulates many models to illustrate paths of economic dynamics.

Key Features

  • A unique book concentrated on theory of discrete dynamical systems and its traditional as well as advanced applications to economics
  • Mathematical definitions and theorems are introduced in a systematic and easily accessible way
  • Examples are from almost all fields of economics; technically proceeding from basic to advanced topics
  • Lively illustrations with numerous figures
  • Numerous simulation to see paths of economic dynamics
  • Comprehensive treatment of the subject with a comprehensive and easily accessible approach

Readership

Professionals and graduate students in economics, applied mathematics, researchers in social sciences with an interest in applications of difference equations to economic systems


Details

No. of pages:
460
Language:
English
Copyright:
© Elsevier Science 2006
Published:
Imprint:
Elsevier Science
eBook ISBN:
9780080462462
Hardcover ISBN:
9780444521972

About the Authors

Wei-Bin Zhang Author

Affiliations and Expertise

Pacific University, Japan