Market Dynamics When Agents Anticipate Correlation Breakdown

<table>Pitchfork bifurcation: when <svg height="16.5" id="M345" style="vertical-align:-4.27245pt" version="1.1" viewbox="0 0 55.474998 16.5" width="55.474998" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink">
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</svg> (0, 0) becomes unstable and two new fixed points appear.</table>

Discrete Dynamics in Nature and Society

Market Dynamics When Agents Anticipate Correlation Breakdown

Figure 9