MODEL OF DYNAMIC CHAOS, AS A NON-LINEAR ECONOMIC SYSTEM
Journal Title: Причорноморські економічні студії - Year 2018, Vol 30, Issue 2
Abstract
The article proposes a model of the functioning of the economic system based on the dynamic chaos model described by the mathematical model of the strange Lorenz attractor. Numerical implementation of the model represented in the form of a system of differential equations is implemented in the Matlab package, with specific values of the exogenous parameters of the model. A significant influence of these parameters on the behavior of the system is shown.
Authors and Affiliations
A. S. Semenov
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