2022/11/04 by Richard H. Day, Day, Richard H., Oleg V. Pavlov +1
Computer Science · Economics, Econometrics and Finance · Mathematics · #Complex Systems and Time Series Analysis #Computability, Logic, AI Algorithms #FOS: Economics and business #General Economics (econ.GN) #Mathematical Dynamics and Fractals
paper · pdf · doi:10.48550/arxiv.2211.02441
openalex publication_date 2022/11/04 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
Existence theory in economics is usually in real domains such as the findings of chaotic trajectories in models of economic growth, tatonnement, or overlapping generations models. Computational examples, however, sometimes converge rapidly to cyclic orbits when in theory they should be nonperiodic almost surely. We explain this anomaly as the result of digital approximation and conclude that both theoretical and numerical behavior can still illuminate essential features of the real data.