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Journal of Economic Perspectives: Vol. 3 No. 1 (Winter 1989)
JEP Volume. 3, Issue 1 | 
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Chaos: Significance, Mechanism, and Economic Applications
Article Citation
Baumol, William J., and
Jess Benhabib. 1989. "Chaos: Significance, Mechanism, and Economic Applications."
Journal of Economic Perspectives,
3(1): 77-105.
DOI: 10.1257/jep.3.1.77
DOI: 10.1257/jep.3.1.77
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.
Article Full-Text Access
Full-text Article (Complimentary)
Authors
Baumol, William J. (Unlisted)
Benhabib, Jess (Unlisted)
Benhabib, Jess (Unlisted)
JEL Classifications
213: Mathematical Methods and Models--General
131: Economic Fluctuations--Theory
131: Economic Fluctuations--Theory
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