Nonlinear Economic Dynamics - Economic Theory, Econometrics, and Mathematical Economics

Marc Notes: Presented or circulated at a conference held in Paris in June 1985 and were first published as an issue of the Journal of economic theory, vol. 40, no. 1, October 1986, pages 1-196--Pref. Publisher Marketing: A timely work which represents a major reappraisal of business cycle theory. It revives, with the help of modern analytical techniques, an old theme of Keynesian macroeconomics, namely that "market psychology" (i.e., volatile expectations) may be a significant cause of economic fluctuations. It is of interest not only to economists, but also to mathematicians and physicists.