Results 91 to 100 of about 2,221 (187)
Bifurcations and chaos in a novel discrete economic system
In this article, a novel discrete system based on an economic model is introduced. Conditions for local stability of the model’s fixed points are obtained. Existence of supercritical Neimark–Sacker bifurcation is shown around the game’s Nash equilibrium.
A Al-khedhairi, AE Matouk, SS Askar
doaj +1 more source
A Robust Rational Route to in a Simple Asset Pricing Model (revised March 2004) [PDF]
We investigate asset pricing dynamics in an adaptive evolutionary asset pricing model with fundamentalists, trend followers and a market maker. Agents can choose between a fundamentalist strategy at positive information cost or choose a trend following ...
Hommes, C.H., Huang, H., Wang, D.
core
A study of resonance tongues near a Chenciner bifurcation using MatcontM [PDF]
MatcontM is a matlab toolbox for numerical analysis of bifurcations of fixed points and periodic orbits of maps. It computes codim 1 bifurcation curves and supports the computation of normal coefficients including branch switching from codim 2 points to ...
Govaerts, W. +3 more
core +3 more sources
Study on the Compatibility of Multi-Bifurcations by Simulations of Pattern Formation
Bifurcation is considered the main mathematical mechanism for the formation of spatial self-organizing patterns in many studies. When bifurcation was initially defined, only the transition of the system from stable state to unstable state or from uniform
Feifan Zhang +4 more
doaj +1 more source
A simple model of a speculative housing market [PDF]
We develop a simple model of a speculative housing market in which the demand for houses is influenced by expectations about future housing prices. Guided by empirical evidence, agents rely on extrapolative and regressive forecasting rules to form their ...
Dieci, Roberto, Westerhoff, Frank
core
Neimark-Sacker Bifurcation of a Third Order Difference Equation
In this paper, we investigate the bifurcation of a third order rational difference equation. Firstly, we show that the equation undergoes a Neimark-Sacker bifurcation when the parameter reaches a critical value. Then, we consider the direction of the Neimark-Sacker bifurcation. Finally, we give some numerical simulations of our results.
Marwan ALOQEİLİ, Asmaa SHAREEF
openaire +3 more sources
Global dynamics and bifurcation analysis of a host–parasitoid model with strong Allee effect
In this paper, we study the global dynamics and bifurcations of a two-dimensional discrete time host–parasitoid model with strong Allee effect. The existence of fixed points and their stability are analysed in all allowed parametric region.
Abdul Qadeer Khan +2 more
doaj +1 more source
Market Mood, Adaptive Beliefs and Asset Price Dynamics [PDF]
Empirical evidence has suggested that, facing different trading strategies and complicated decision, the proportions of agents relying on particular strategies may stay at constant level or vary over time.
Ilaria Foroni +3 more
core
Controlling complex dynamics in a protected-area discrete-time model [PDF]
This paper investigates how the introduction of user fees and defensive expenditures change the complex dynamics of a discrete-time model, which represents the interaction between visitors and environmental quality in a Open-Access Protected-Area (OAPA).
Russu, Paolo
core +1 more source
A simple model of a speculative housing market [PDF]
We develop a simple model of a speculative housing market in which the demand for houses is influenced by expectations about future housing prices. Guided by empirical evidence, agents rely on extrapolative and regressive forecasting rules to form their ...
Dieci, Roberto, Westerhoff, Frank
core

