Complex Systems Approach to Economic Dynamics - Couverture souple

Chian, Abraham C.-L.

 
9783540397526: Complex Systems Approach to Economic Dynamics
Couverture souple
ISBN 10 : 3540397523 ISBN 13 : 9783540397526
Editeur : Springer Berlin Heidelberg, 2010

Synopsis

Economic Systems exhibit complex dynamics evidenced by large-amplitude and aperiodic fluctuations in economic variables, such as foreign exchange rates and stock market prices, indicating that these systems are driven far from the equilibrium. Characterization of the complex behavior of economic cycles, by identifying regular and irregular patterns and regime switching in economic time series, is the key for pattern recognition and forecasting of economic cycles. 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, responsible for economic intermittency.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Éditeur
Springer Berlin Heidelberg
Date d'édition
2010
Langue
anglais
ISBN 10 
3540397523
ISBN 13 
9783540397526
Reliure
Broché
Nombre de pages
114
Coordonnées du fabricant
non disponible
Personne responsable
CMN Printpool Inh. Mathis Neumann
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