Coupled flare attractors – a discrete prototype for economic modelling

A chaotic environment can give rise to “flares” if an autocatalytic variable responds in a multiplicative, threshold-type fashion to the environmental forcing. An “economic unit” similarly depends in its growth behavior on the unpredictable (chaotic?) buying habits of its customers, say. It turns ou...

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Bibliographic Details
Main Authors: Georg C. Hartmann, Otto E. Rossler
Format: Article
Language:English
Published: Wiley 1999-01-01
Series:Discrete Dynamics in Nature and Society
Subjects:
Online Access:http://dx.doi.org/10.1155/S1026022699000047
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