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The plan to publish the present book arose while I was preparing a joint work with Gunter Gabisch (Gabisch, G. /Lorenz, H. -W. : Business Cycle Theory. Berlin-Heidel berg-New York: Springer).

The plan to publish the present book arose while I was preparing a joint work with Gunter Gabisch (Gabisch, G. It turned out that a lot of interesting material could only be sketched in a business cycle text, either because the relevance for business cycle theory was not evident or because the material required an interest in dynamical economics which laid beyond the scope of a survey text for advanced undergraduates.

334 Hans-Walter Lorenz. Nonlinear Dynamical Economics and Chaotic Motion. Springer-Verlag Berlin Heidelberg GmbH. In any case, chaotic dynamics constitute an exciting example of how complicated some dynamical systems may be, although they may at first seem to be qualitatively identical with well-known regular systems. Naturally, this book is not an essay on the purely mathematical aspects of nonlinear dynamical systems. It is designed as a survey of recent developments in dynamical systems theory and its economic applications.

Hans-Walter Lorenz  . While most examples of complex motion in economic dynamics employ a discrete-time concept, chaos can also emerge in continuous-time, nonlinear economic models

Nonlinear Dynamical Economics and Chaotic Motion. by Hans-Walter Lorenz. The book has been partly re-organized.

Nonlinear Dynamical Economics and Chaotic Motion. Select Format: Hardcover.

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Complex dynamics constitute a growing and increasingly important area as they offer a strong potential to explain and formalize natural, physical, financial and economic phenomena. This book pursues the ambitious goal to bring together an extensive body of knowledge regarding complex dynamics from various academic disciplines.

and higher-dimensional, discrete-time systems and a discussion of complex transient motion

Business Cycle Theory. and higher-dimensional, discrete-time systems and a discussion of complex transient motion. It concentrates on standard scenarios like coupled oscillator systems and forced oscillators.

Hans-Walter Lorenz, German Economist, educator. Member Royal Economics Society, American Economics Association, Econometric Society, European Economics Association. Visiting scholar, University of California-Berkeley, 1982-1983.