Table of Contents

1. Discontinuity in Economic Theory and Economic Discontinuities.- 2. The Mathematics of Discontinuity.- 3. Discontinuities in Microeconomics Systems.- 4. Speculative Bubbles and Crashes I: Irrational.- 5. Speculative Bubbles and Crashes II: Rational and Semi-Rational.- 6. Catastrophe Theory and Hysteresis in Macroeconomics.- 7. Chaos Theory and Complex Macroeconomic Dynamics.- 8. Discontinuity and Capital Theory.- References.

Reviews

Praise for the first edition:
`What this book really amounts to is a very literate and wide-ranging survey of the chaos and catastrophe theory literature. Professor Rosser deserves great credit for drawing together an enormous number of sources(the bibliography contains about 1200 references) both inside and outside economics and in neighboring fields like ecology, history, biology, and mathematics, and weaving them into a compelling story.'
Journal of Economic Literature
`One of the greatest virtues of Rosser's book is his evenhanded presentation of models from both the mainstream neoclassicals and the alternative postmodern evolutionary economists. In fact, by discussing both research programs without denigrating either, Rosser makes a contribution unique among the books addressing these topics.'
Southern Economic Journal
'...effectively brings together a disparate and voluminous literature on a catastrophe and chaos theory to tell a compelling story about the need to comprehend economic discontinues.
This book will become a standard reference in the area that it has chosen to concentrate on and I recommend the book to readers who are interested in learning more about the intricacies of a fundamentally discontinuous world.'
American Journal of Agricultural Economics (2001)