Indeterminacy and cycles in two-sector discrete-time model
โ Scribed by Jess Benhabib; Kazuo Nishimura; Alain Venditti
- Publisher
- Springer
- Year
- 2002
- Tongue
- English
- Weight
- 166 KB
- Volume
- 20
- Category
- Article
- ISSN
- 0938-2259
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
A simple discrete time two-phenotype matrix game model is investigated. In this model, according to the suggestion of Vincent & Fisher (1988, Evolutionary Ecology 2, 321-337), the fitness of an individual is defined to be an exponential function of its expected pay-off value. The results show that :
The discrete time analogue of the continuous time Krugman target zone model is developed in order to capture the typical volatility clusters and fat-tailed distributed innovations of exchange rates. It is shown that under these more general stochastic conditions the S-shaped relation between exchang
Considered is a class of difference systems with McCulloch-Pitts nonlinearity, which includes the discrete version of an artificial neural network of two neurons with piecewise constant argument. Some interesting results are obtained for the convergence and periodicity of solutions of the systems. M