Titlebook: Nonlinear Dynamics in Economics; A Theoretical and St B?rbel Finkenst?dt Book 1995 Springer-Verlag Berlin Heidelberg 1995 Fitting.Nichtline

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Lecture Notes in Economics and Mathematical Systemshttp://image.papertrans.cn/n/image/667434.jpg

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A Nonlinear Cobweb Model,Increasing computational power in the last decade has led to an increasing interest in nonlinear dynamic systems, the behavior of which is qualitatively different from the motion observed in linear systems.

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Are Time Series From Agricultural Markets Nonlinear? The Case of German Prices,ve processes, then the observed price fluctuations in these markets might be due to the much greater variety of possible dynamic outcomes than in the classical linear models. Hence, it is a question of considerable interest whether real world data reveals information about nonlinear or even chaotic behavior in these markets.

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Conclusions and Outlook,s are a priori linear in nature — provides a real enrichment of what simple dynamical systems in economics can explain. A model which exhibits simple regular behavior in its linear version may perform completely different if it is reformulated to include nonlinearities.

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