Chaotic Dynamics: Theory and Applications to Economics [Paperback]

Alfredo Medio (Author), Giampaolo Gallo (Author)

Book Description

Publication Date: May 26, 1995 | ISBN-10: 0521484618 | ISBN-13: 978-0521484619

This book is a tool for the theoretical and numerical investigation of nonlinear dynamical systems modeled by means of ordinary differential and difference equations. The work is divided into two parts: a book, comprising a theoretical overview of the subject matter and a number of applications; and an integrated software program. The book first discusses the fundamental concepts and methods of chaos theory, and then applies these theoretical results and the facilities provided by the companion software program to models suggested by economic problems.

Editorial Reviews

Review

"On the whole I think that Chaotic Dynamics serves as a very useful guide to theoretical models of chaotic dynamics in economics. The book is clearly written and...the mathematical presentation is sufficiently rigorous to provide a firm foundation in the topic...readers seeking a rigorous introduction to the theoretical models of chaotic economic dynamics are encouraged to work through the relevant sections of Chaotic Dynamics." Philip Rothman, Journal of Economic Behavior and Organization

Book Description

This work is a tool for the theoretical and numerical investigation of nonlinear dynamical systems modeled by means of ordinary differential and difference equations. Comprising a theoretical overview as well as a number of applications, the book is supplemented by an integrated software program.

Product Details

• Paperback: 364 pages
• Publisher: Cambridge University Press (May 26, 1995)
• Language: English
• ISBN-10: 0521484618
• ISBN-13: 978-0521484619
• Product Dimensions: 8.8 x 6 x 1 inches
• Shipping Weight: 1.2 pounds (View shipping rates and policies)
• Average Customer Review: 3.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #3,054,771 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

Most Helpful Customer Reviews

4 of 6 people found the following review helpful:

3.0 out of 5 stars Chaos and Economics, February 18, 1999

By A Customer

This review is from: Chaotic Dynamics: Theory and Applications to Economics (Paperback)

Professor Medio's work is an interesting overview on the current state of the art about the theory of chaos with respect to its applications to economics (and the capital markets). Particularly interesting are the mathematical tools explained, even if (and this is the main fault in the book) an organic 'legenda' is not provided: this resulting in an increase in reading difficulties.