Control of Chaotic Dynamical Systems in Economics: Application in a Hyperinflation Model

被引:0
|
作者
Chaparro Guevara, Graciela [1 ]
Escot Mangas, Lorenzo [2 ]
机构
[1] Univ Complutense Madrid, Campus Somosaguas, Madrid 28223, Spain
[2] Univ Complutense Madrid, Fac Estudios Estadist, Dept Polit Econ, Econ Aplicada, Madrid, Spain
来源
关键词
control of chaos; OGY method; hyperinflation;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article examines control of chaotic behavior in a dynamic hyperinflation system using a method proposed by Ott, Grebogi, and Yorke (1990) (OGY method), which seeks to control the chaotic dynamic by slightly perturbing some of the system's parameters. An example of the method is given through logistic application, and it is subsequently applied in a hyperinflation model (Punita, 2011) to stabilize prices in a stationary one-period orbit.
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页码:131 / 146
页数:16
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