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Complex Systems Approach to Economic Dynamics (ePub)

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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.

eBook Info

FormateBook, (torrent)En
PublisherSpringer-Verlag Berlin and Heidelberg GmbH & Co. KG
File size2.5 Mb
GanreInvestment & Securities
Release date 01.09.2007
Pages count101
Book rating0.7 (0 votes)

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