Blar i Scientific Publications in Economics and Finance på forfatter "Pavletsov, Makar"
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Noise-induced behavioral change driven by transient chaos
Jungeilges, Jochen; Pavletsov, Makar; Perevalova, Tatyana (Peer reviewed; Journal article, 2022)We study behavioral change in the context of a stochastic, non-linear consumption model with preference adjusting, interdependent agents. Changes in long-run consumption behavior are modelled as noise induced transitions ...