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Complex Systems Approach to Economic Dynamics

Abraham C.-L. Chian
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      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.
      Format: Paperback / softback CONTRIBUTORS: Abraham C.-L. Chian EAN: 9783540397526 COUNTRY: Germany PAGES: WEIGHT: 454 g HEIGHT: 235 cm
      PUBLISHED BY: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG DATE PUBLISHED: 2007-07-13 CITY: GENRE: BUSINESS & ECONOMICS / Economics / Macroeconomics, BUSINESS & ECONOMICS / Economics / Theory, MATHEMATICS / Game Theory, SCIENCE / Physics / General, SCIENCE / System Theory WIDTH: 155 cm SPINE:

      Book Themes:

      Cybernetics and systems theory, Economic theory and philosophy, Macroeconomics, Game theory, Mathematical physics

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      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.
      Format: Paperback / softback CONTRIBUTORS: Abraham C.-L. Chian EAN: 9783540397526 COUNTRY: Germany PAGES: WEIGHT: 454 g HEIGHT: 235 cm
      PUBLISHED BY: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG DATE PUBLISHED: 2007-07-13 CITY: GENRE: BUSINESS & ECONOMICS / Economics / Macroeconomics, BUSINESS & ECONOMICS / Economics / Theory, MATHEMATICS / Game Theory, SCIENCE / Physics / General, SCIENCE / System Theory WIDTH: 155 cm SPINE:

      Book Themes:

      Cybernetics and systems theory, Economic theory and philosophy, Macroeconomics, Game theory, Mathematical physics

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      Be the first to write a review
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