Bubbling phenomenon in a discrete economic model for the interaction of demand and supply
Bubbling phenomenon in a discrete economic model for the interaction of demand and supply
复制标题
DOI:
10.1016/j.chaos.2009.03.058
复制
发表时间:
2009-11
影响因子:
7.8
通讯作者:
Xiaozhong Yang;Mingshu Peng;Jiping Hu;Xiaoxia Jiang
中科院分区:
文献类型:
--
作者:
Xiaozhong Yang;Mingshu Peng;Jiping Hu;Xiaoxia Jiang
In this paper, we study rich dynamics of a nonlinear economic model. Chaotic and bubbling phenomena are shown by numerical simulation, which clearly parallels with phenomena from technology bubbling during 1999-2000, or economic bubbling such as in the global industry of real state/stock market/production (oil) market since 2006.