Chaos in the Middle Zone: Nonperiodic Fluctuation in the Dynamic van Thunen Model
Non-periodic fluctuations of production activities are shown to exist in a dynamic von Thunen model for specific conditions of cost and demand.
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- Day, Richard H, 1982. "Irregular Growth Cycles," American Economic Review, American Economic Association, vol. 72(3), pages 406-14, June.
- Samuelson, Paul A, 1983. "Thunen at Two Hundred," Journal of Economic Literature, American Economic Association, vol. 21(4), pages 1468-88, December.
- Day, Richard H & Kennedy, Peter E, 1970. "Recursive Decision Systems: An Existence Analysis," Econometrica, Econometric Society, vol. 38(5), pages 666-81, September.
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