Complex Systems Approach to Economic Dynamics

This book PDF is perfect for those who love Business & Economics genre, written by Abraham C.-L. Chian and published by Springer Science & Business Media which was released on 17 August 2007 with total hardcover pages 101. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related Complex Systems Approach to Economic Dynamics books below.

Complex Systems Approach to Economic Dynamics

Author	: Abraham C.-L. Chian
File Size	: 47,7 Mb
Publisher	: Springer Science & Business Media
Language	: English
Release Date	: 17 August 2007
ISBN	: 9783540397533
Pages	: 101 pages

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Complex Systems Approach to Economic Dynamics by Abraham C.-L. Chian Book PDF Summary

Statistical analysis of stock markets and foreign exchange markets has demonstrated the intermittent nature of economic time series. A nonlinear model of business cycles is able to simulate intermittency arising from order-chaos and chaos-chaos transitions. This monograph introduces new concepts of unstable periodic orbits and chaotic saddles, which are unstable structures embedded in a chaotic attractor and responsible for economic intermittency.

Complex Systems Approach to Economic Dynamics by Abraham C.-L. Chian

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The domain of nonlinear dynamical systems and its mathematical underpinnings has been developing exponentially for a century, the last 35 years seeing an outpouring of new ideas and applications and a concomitant confluence with ideas of complex systems and their applications from irreversible thermodynamics. A few examples are in meteorology, ecological

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