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On chaotic sets of solutions for a class of differential inclusions on $\mathbb{R}^2$ by Volná, Barbora is a scholarly article available to read on EtoBox.

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We deal with a set of solutions of the continuous multi-valued dynamical systems on $\mathbb{R}^2$ of the form $\dot x \in F(x)$ where $F(x)$ is a set-valued function and $F=\{f_1,f_2\}$. Such dynamical systems are frequently used in mathematical economics. We rectify the sufficient conditions for a set of solutions of this system to exhibit Devaney chaos, $\omega$-chaos and infinite topological entropy from: B.R. Raines, D.R. Stockman, Fixed points imply chaos for a class of differential inclusions that arise in economic models, Trans. American Math. Society 364 (5) (2012), 2479--2492. We significantly improve their results. At the end, we illustrate these problems on our own macroeconomic model.

Author

Volná, Barbora

Published

2019

Language

EN