Téléchargez le livre : Complex Systems Approach to Economic Dynamics

Complex Systems Approach to Economic Dynamics

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Éditeur :

Springer


Collection :

Lecture Notes in Economics and Mathematical Systems

Paru le : 2007-08-17

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Description
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.
Pages
101 pages
Collection
Lecture Notes in Economics and Mathematical Systems
Parution
2007-08-17
Marque
Springer
EAN papier
9783540397526
EAN PDF
9783540397533
Informations sur l'ebook
Nombre pages copiables
1
Nombre pages imprimables
10
Taille du fichier
7670 Ko
Prix
52,74 €

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