The paper exposits a number of key dynamic models from the field of economics. The models share the feature that evolution of the system is consistent with the optimizing behavior of rational economic agents. Specifically, the laws of motion that we investigate are solutions to discrete time dynamic decision processes. Eveu with rational agents and simple economic environments, a variety of complex behaviors are shown to obtain.
@article{1654,
title = {Discrete Time Models in Economic Theory},
journal = {CUBO, A Mathematical Journal},
volume = {6},
year = {2004},
language = {en},
url = {http://dml.mathdoc.fr/item/1654}
}
Nishimura, Kazuo; Stachurski, John. Discrete Time Models in Economic Theory. CUBO, A Mathematical Journal, Tome 6 (2004) . http://gdmltest.u-ga.fr/item/1654/