An Economy Can Have a Lorenz-Type Chaotic Attractor

2021 ◽  
Vol 31 (14) ◽  
Author(s):  
Xiao-Song Yang

This paper presents a stylized construction of an economy with price dynamics described in tâtonnement process. Based on the well-known SMD theorem, it is shown that this model exhibits the same dynamical behavior as the famous Lorenz-type chaotic attractor.

1983 ◽  
Vol 38 (7) ◽  
pp. 788-801 ◽  
Author(s):  
Otto E. Rössler

Abstract The complexity of dynamical behavior possible in nonlinear (for example, electronic) systems depends only on the number of state variables involved. Single-variable dissipative dynamical systems (like the single-transistor flip-flop) can only possess point attractors. Two-variable systems (like an LC-oscillator) can possess a one-dimensional attractor (limit cycle). Three-variable systems admit two even more complicated types of behavior: a toroidal attractor (of doughnut shape) and a chaotic attractor (which looks like an infinitely often folded sheet). The latter is easier to obtain. In four variables, we analogously have the hyper-toroidal and the hyper-chaotic attractor, respectively; and so forth. In every higher-dimensional case, all of the lower forms are also possible as well as “mixed cases” (like a combined hypertoroidal and chaotic motion, for example). Ten simple ordinary differential equations, most of them easy to implement electronically, are presented to illustrate the hierarchical tree. A second tree, in which one more dimension is needed for every type, is called the weak hierarchy because the chaotic regimes contained cannot be detected physically and numerically. The relationship between the two hierarchies is posed as an open question. It may be approached empirically - using electronic systems, for example.


Fractals ◽  
1996 ◽  
Vol 04 (03) ◽  
pp. 407-414 ◽  
Author(s):  
Y. HARADA ◽  
K. MASUDA ◽  
A. OGAWA

We have found, for the first time, that Acoustically Coupling Chaos Oscillator (ACCO) also exhibits a chaotic attractor called the “double scroll Chua’s attractor” by using the modified Chua’s circuit. When each ACCO is in an oscillating periodic state, the interaction of sound waves with acoustic coupling of two ACCOs can also result in the appearance of chaotic sound waves.


Author(s):  
Yonghong Chen ◽  
Jianxue Xu ◽  
Tong Fang

Abstract Complex dynamical behavior of neural networks may lead to new methodology of information processing. In this paper the dynamics of a neural network designed by the normal form for Hopf bifurcation is studied. The secondary Hopf bifurcation of the network is discussed and a two-torus is observed. Examining the phase-locking motions on the two-torus, we present the conditions of symmetry-breaking occurring in the system. If the ratio of the two frequencies of the codimension two Hopf bifurcation is represented by an irreducible fraction, then the symmetry-breaking will occur when either the numerator or the denominator of the fraction is an even number. Chaotic attractors may be created with the sigmoid nonlinearities added to the right hand side of the normal form equations. The phase trajectory and the second order Poincaré maps of the chaotic attractor are given. The chaotic attractor looks like a butterfly on some of the second order Poincaré maps. This is a marvelous example for chaos to mimic nature.


2017 ◽  
Author(s):  
Piyush Tiwari ◽  
Alla Koblyakova ◽  
John Croucher ◽  
Justine Wang

1989 ◽  
Author(s):  
GEORGE FLOWERS ◽  
BENSONH. TONGUE
Keyword(s):  

2011 ◽  
Author(s):  
Vicente Medina ◽  
Ángel Pardo Tornero ◽  
Roberto Pascual

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