Simulating tatonnement in a production economy

Claus Weddepohl

Economic Theory, 1997, vol. 10, issue 3, 558 pages

Abstract: The paper presents some simulation results for a tatonnement process in a simple general equilibrium model with production. It shows that the discrete time tatonnement process can generate periodic and chaotic paths.

Date: 1997-09-16
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://link.springer.de/link/service/journals/00199/papers/7010003/70100551.pdf (application/pdf)
http://link.springer.de/link/service/journals/0019 ... 10003/70100551.ps.gz (application/postscript)
Access to the full text of the articles in this series is restricted

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:joecth:v:10:y:1997:i:3:p:551-558

Ordering information: This journal article can be ordered from
http://www.springer. ... eory/journal/199/PS2

Access Statistics for this article

Economic Theory is currently edited by Nichoals Yanneils

More articles in Economic Theory from Springer, Society for the Advancement of Economic Theory (SAET) Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().