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Dynamical systems. (English) Zbl 1508.37004

Orlando, Giuseppe (ed.) et al., Nonlinearities in economics. An interdisciplinary approach to economic dynamics, growth and cycles. Cham: Springer. Dyn. Model. Econom. Econ. Finance 29, 13-37 (2021).
Summary: In this Chapter, we provide the definitions, notions and examples relevant for the analysis of the dynamical systems of interest to us in the remainder of this book. We start with with a description of dynamical systems and we provide a taxonomy. Then, we define continuous-time dynamical systems either in the form of ordinary differential equations (ODE) or from systems of ODE. Afterwards, we introduce the general concept of stability and of stable limit cycles and periodicity. That is followed by the notion of properties such as attractors and repellers. The basis of existence of periodic orbits in continuous-time systems and 1-d maps, is obtained in the last Section.
For the entire collection see [Zbl 1496.91010].

MSC:

37-01 Introductory exposition (textbooks, tutorial papers, etc.) pertaining to dynamical systems and ergodic theory
37Cxx Smooth dynamical systems: general theory
37Exx Low-dimensional dynamical systems
Full Text: DOI

References:

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