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dynamics show three types of asymptotic behaviors: global convergence, hysteresis and limit cycles. In the hysteresis case …
Persistent link: https://www.econbiz.de/10005824462
A pairwise random matching game is considered to identify the social environments that give rise to the social custom and fashion cycles. The game, played by Conformists and Nonconformists, can generate a variety of socially stable behavior patterns. In the path-dependence case, Conformists set...
Persistent link: https://www.econbiz.de/10012235843
A pairwise random matching game is considered to identify the social environments that give rise to the social custom and fashion cycles. The game, played by Conformists and Nonconformists, can generate a variety of socially stable behavior patterns. In the path-dependence case, Conformists set...
Persistent link: https://www.econbiz.de/10005824430
Persistent link: https://www.econbiz.de/10013462928
Persistent link: https://www.econbiz.de/10010345694
Persistent link: https://www.econbiz.de/10011448711
bifurcation is confirmed as well. We find evidence that the model could produce chaotic dynamics, but our analysis cannot confirm … solution domains. Bifurcation boundaries can separate one kind of unstable dynamics domain from another kind of unstable … dynamics domain, or one kind of stable dynamics domain from another kind (called soft bifurcation), such as bifurcation from …
Persistent link: https://www.econbiz.de/10011260401
. Bifurcation boundaries can separate one kind of unstable dynamics domain from another kind of unstable dynamics domain, or one … kind of stable dynamics domain from another kind (called soft bifurcation), such as bifurcation from monotonic stability to … analysis of model dynamics. When a bifurcation boundary crosses the parameter estimates’ confidence region, robustness of …
Persistent link: https://www.econbiz.de/10010697308
bifurcation is confirmed as well. We find evidence that the model could produce chaotic dynamics, but our analysis cannot confirm … solution domains. Bifurcation boundaries can separate one kind of unstable dynamics domain from another kind of unstable … dynamics domain, or one kind of stable dynamics domain from another kind (called soft bifurcation), such as bifurcation from …
Persistent link: https://www.econbiz.de/10010661472
process for public debt [Braeuninger (2005)]. We show that if the debt dynamics are forward-looking, the maximum will instead …
Persistent link: https://www.econbiz.de/10011154558