Complex Systems Approach to Economic Dynamics (Paperback)

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Product Overview

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.

Specifications

Publisher Springer Verlag
Mfg Part# 9783540397526
SKU 204357231
Format Paperback
ISBN10 3540397523
Release Date 8/13/2012
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