Computing Economic Chaos

  title={Computing Economic Chaos},
  author={Richard H. Day and Oleg V. Pavlov},
  journal={Computational Economics},
Existence theory in economics is usually in real domains such as the findingsof chaotic trajectories in models of economic growth, tâtonnement, oroverlapping generations models. Computational examples, however, sometimesconverge rapidly to cyclic orbits when in theory they should be nonperiodicalmost surely. We explain this anomaly as the result of digital approximationand conclude that both theoretical and numerical behavior can still illuminateessential features of the real data. 
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Exact real computer arithmetic with continued fractions
  • J. Vuillemin
  • Mathematics, Computer Science
    LISP and Functional Programming
  • 1988
We introduce a representation of the computable real numbers by continued fractions. This deals with the subtle points of undecidable comparison an integer division, as well as representing the