Sunspots and Non-Linear Dynamics Essays in Honor of Jean-Michel Gran
This book presents the state-of-the-art in non-linear dynamics and sunspots. These two topics have been the core of an international conference on instability and public policies in a globalized world, organized at Aix-Marseille School of Economics and GR
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Kazuo Nishimura Alain Venditti Nicholas C. Yannelis Editors
Sunspots and Non-Linear Dynamics Essays in Honor of Jean-Michel Grandmont
Studies in Economic Theory Volume 31
Founded by Charalambos D. Aliprantis Series editors Nicholas C. Yannelis The University of Iowa, Iowa City, IA, USA Timothy J. Kehoe University of Minnesota and Federal Reserve Bank of Minneapolis, Minneapolis, MN, USA Bernard Cornet Paris School of Economics, Université Paris 1, Paris, France; University of Kansas, Lawrence, KS, USA
More information about this series at http://www.springer.com/series/2584
Jean-Michel Grandmont
Kazuo Nishimura Alain Venditti Nicholas C. Yannelis •
Editors
Sunspots and Non-Linear Dynamics Essays in Honor of Jean-Michel Grandmont
123
Editors Kazuo Nishimura Research Institute for Economics and Business Administration Kobe University Kobe Japan
Nicholas C. Yannelis Department of Economics University of Iowa Iowa City, Iowa USA
Alain Venditti Aix-Marseille University (Aix-Marseille School of Economics), CNRS-EHESS and EDHEC Business School Marseille France
ISSN 1431-8849 Studies in Economic Theory ISBN 978-3-319-44074-3 DOI 10.1007/978-3-319-44076-7
ISSN 2196-9930
(electronic)
ISBN 978-3-319-44076-7
(eBook)
Library of Congress Control Number: 2016947482 © Springer International Publishing AG 2017 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Contents
1
Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Kazuo Nishimura, Alain Venditti and Nicholas C. Yannelis
Part I 2
3
4
5
1
Self-Fulfilling Expectations and Sunspots
Assessing the Local Stability Properties of Discrete Three-Dimensional Dynamical Systems: A Geometrical Approach with Triangles and Planes and an Application with Som
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