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The paper develops an exchange model involving two individuals and two goods and shows it exhibits Li-Yorke chaos with k isin Delta =(3.0,3.6). The purpose of this paper is to provide another method to prove the model be not chaotic when k isin Delta =[1,1.25]; and exhibits topological chaos, distributional chaos, w-chaos, Devaney-chaos, Li-Yorke chaos and distributional chaos in a sequence with k...
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