Abstract
In the preceding discussion the parameters of the model, s, v, and m, were supposed to be spatial invariants. Thus the natural frequencies of oscillation are equal for all locations and no incompatibilities for synchronization are present. This prevents the dynamics from displaying the more spectacular phenomena known in modern systems theory.
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© 1993 Springer-Verlag Berlin · Heidelberg
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Puu, T. (1993). Business Cycles: Discrete Space. In: Nonlinear Economic Dynamics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-97450-2_6
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DOI: https://doi.org/10.1007/978-3-642-97450-2_6
Publisher Name: Springer, Berlin, Heidelberg
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