ISBN 9783540397526,Complex Systems Approach to Economic Dynamics

Complex Systems Approach to Economic Dynamics

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ISBN 9783540397526
Publisher

Ingram Publisher Services

Publication Year 2007
ISBN-13

ISBN 9783540397526

ISBN-10 3540397523
Binding

Paperback

Number of Pages 116 Pages
Subject

Economic theory & philosophy

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.
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