Titlebook: Nonlinear Dynamical Economics and Chaotic Motion; Hans-Walter Lorenz Book 1993Latest edition Springer-Verlag Berlin · Heidelberg 1993 Bifu

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eves the opposite at the time of publication. As this book did not represent a counterexample to this rule, the current second edition offers a chance to remove at least the known shortcomings. The book has been partly re-organized. The previously rather long Chapter 4 has been split into two separa

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Chaotic Dynamics in Continuous-Time Economic Models,n these systems and because the two-dimensional case is already much more difficult to handle. However, chaos does not occur only in discrete-time models, but may be a property of continuous-time models as well.

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Catastrophe Theory and Economic Dynamics,topics like the abrupt emergence of aggression in the behavior of various species, stock-market crashes, the capsizing of ships, etc. were studied. All these examples describe phenomena which are characterized by an immediate, discontinuous change in a variable.

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