The Chaotic Lithium Price Growth Model
The Chaotic Lithium Price Growth Model

Author(s): Vesna Jablanović
Subject(s): Social Sciences
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Lithium; Prices; Equilibrium price; Chaos
Summary/Abstract: Lithium has become a strategic scarce input in the economy. The basic aims of this paper are: firstly, to create the simple chaotic lithium price growth model. This model can generate stable equilibria, cycles, or chaos. Also, this model confirms the existence of the stable convergent fluctuations of the lithium price in the period 2020-2023. The golden ratio shows the equilibrium level of lithium price in the presented chaotic model.

• Details
• Contents