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.
10th International Scientific Conference ERAZ - Knowledge Based Sustainable Development - ERAZ 2024 - ERAZ Conference – Knowlegde Based Sustainable Development: Vol 10. Conference Proceedings , June 6, 2024
Conference Proceedings published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia
ISBN: 9788680194868 , ISSN: 26835568 , DOI: 10.31410/ERAZ.2024
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.


