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The second edition addresses typographic and conceptual errors from the first edition, reorganizing content for clarity. Chapter 4 is now split into two, focusing on discrete and continuous nonlinear economic dynamics. An appendix includes essential details on linear dynamical systems, invariant subspaces, and center-manifold reductions. The book also revisits Popper's views on determinism in relation to chaotic nonlinear systems and expands on price-quantity adjustments, limit cycles, and relaxation oscillations in Chapter 2.
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Nonlinear Dynamical Economics and Chaotic Motion, Hans-Walter Lorenz
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- 2011
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