Abstract
Although we for reasons given prefer to work with continuous models it must be admitted that there are certain advantages in displaying the details of chaos for discrete models. This is so because, before the tools of analysis, like symbolic dynamics, can be applied to such models we need to construct the return map on the Poincaré section for the orbit investigated. This, however, means that we first have to integrate the system over a complete “cycle”. The details of such an integration can become much too complex.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 1993 Springer-Verlag Berlin · Heidelberg
About this chapter
Cite this chapter
Puu, T. (1993). Business Cycles: Discrete Time. In: Nonlinear Economic Dynamics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-97450-2_7
Download citation
DOI: https://doi.org/10.1007/978-3-642-97450-2_7
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-97452-6
Online ISBN: 978-3-642-97450-2
eBook Packages: Springer Book Archive