Chaos: Significance, Mechanism, and Economic Applications
The Journal of Economic PerspectivesPublished 1 February 1989Open access
William J. Baumöl, Jess Benhabib
Citations477
SJR quartileQ1
SJR score8.26
SNIP5.32
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Abstract
Chaos has become a subject of great interest to specialists and nonspecialists alike. Besides economics, it has entered the literature of geometry, physics, ecology and meteorology. This article seeks to describe what it is, how it works, and what it means for economics.
Keywords
MathematicsEconomics, Econometrics and Finance
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