Under the conditions of efficiency, a simple economic system is thought to have a unique market attractor, and thus a unique stable fixed point. By contrast, in more complex socioeconomic systems, multiple attractor dynamics predominate. This paper proposes a dynamical representation of suhc complex systems and illustrates it with several contemporaneous examples.
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Paper provided by Ecole Superieure de Commerce de Paris. Groupe ESCP- in its series Papers with number
98/139.