PDF-The cobweb model Its instability and the onset of chaos Carl Chiarella We introduce a fairly general nonlinear supply function into the traditional cobweb model under adaptive expectations
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tatyana-admore
Published 2015-03-07 | 6484 Views
Wefind that the dynamics of the model are driven by a single hump map of the type that occurs in the chaos literature By applying some recent results of Feigenbaum
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