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Nonlinear Economic Dynamics

  • Tönu Puu

Abstract

Dynamic analysis in economics is as old as economics itself. A glance at the subject index in Schumpeter (1954) is sufficient to convince you about this. Even dynamic mathematical models are fairly old. The cobweb model of price adjustments for instance dates back to 1887.

Keywords

Catastrophe Theory Saddle Connection Classical Situation Cusp Catastrophe Dynamic Mathematical Model 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin · Heidelberg 1991

Authors and Affiliations

  • Tönu Puu
    • 1
  1. 1.Department of EconomicsUmeå UniversityUmeåSweden

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