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Item Details
Title:
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COMPLEX SYSTEMS APPROACH TO ECONOMIC DYNAMICS
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By: |
Abraham C.-L. Chian |
Format: |
Paperback |

List price:
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£64.99 |
We currently do not stock this item, please contact the publisher directly for
further information.
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ISBN 10: |
3540397523 |
ISBN 13: |
9783540397526 |
Publisher: |
SPRINGER-VERLAG BERLIN AND HEIDELBERG GMBH & CO. KG |
Pub. date: |
13 July, 2007 |
Series: |
Lecture Notes in Economics and Mathematical Systems 592 |
Pages: |
101 |
Description: |
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 book introduces various concepts of unstable periodic orbits and chaotic saddles. |
Synopsis: |
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. |
Illustrations: |
X, 101 p. |
Publication: |
Germany |
Imprint: |
Springer-Verlag Berlin and Heidelberg GmbH & Co. K |
Returns: |
Returnable |
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