ABSTRACT

The theory and applications of random dynamical systems (RDS) are at the cutting edge of research in mathematics and economics, particularly in modeling the long-run evolution of economic systems subject to exogenous random shocks. Despite this interest, there are no books available that solely focus on RDS in finance and economics. Exploring this

chapter 1|6 pages

Introduction

chapter 3|50 pages

Random Dynamical Systems and Random Maps

chapter 4|46 pages

Position Dependent Random Maps

chapter 16|2 pages

Epilogue