Bifurcation structures of a two-dimensional piecewise linear discontinuous map: analysis of a cobweb model with regime-switching expectations
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DOI: 10.1007/s11071-024-09545-4
Abstract: We consider the bifurcations occurring in a two-dimensional piecewise-linear discontinuous map that describes the dynamics of a cobweb model in which firms rely on a regime-switching expectation rule. In three different partitions of the phase… read more here.
Keywords: discontinuous map; piecewise linear; two dimensional; linear discontinuous ... See more keywords