accounting, truthfully capturing the sectorial flow of funds and dynamics of economics, universally applicability, and a rock …

‘predictability’ hypothesis was tested using the variance ratio test, BDS test and the chaos analysis. Structural analyses were also …

We revisit the study of the dynamics of a duopoly game à la Bertrand with horizontal product differentiation and … bounded rational firms analysed by Zhang et al. (2009), (Zhang, J., Da, Q., Wang, Y., 2009. The dynamics of Bertrand model … with bounded rationality. Chaos, Solitons and Fractals 39, 2048–2055), by introducing sound microeconomic foundations. We …

We analyse the dynamics of a Cournot duopoly game with heterogeneous players to investigate the effects of micro …

The present study analyses the dynamics of a Cournot duopoly with managerial sales delegation and bounded rational … periodicity and deterministic chaos can also occur as the managers’ bonus increases. …

The purpose of this note is to demonstrate a sufficient condition for discrete tâtonnement process to lead to chaos in …

The chaos theory assumes that the returns dynamics are not normally distributed and more complex approaches have to be … used to study these time series. In fact, the Fractal Market Hypothesis assumes that the returns dynamics are not … large sample of world stock indexes, I try to identify the main market characteristics that influence returns dynamics. This …

General Equilibrium Theory in econometrics is based on the vague notion of utility. Prices, dynamics, and market …. Illegal assumptions of integrability of actions and dynamics are usually made. Economists usually assume that price is the … for the Hamiltonian dynamics of an optimization problem. I discuss both deterministic and statistical descriptions of the …