Chaos Theory in Economics

Chaos Theory in Economics PDF Author: W. Davis Dechert
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 632

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Book Description
A collection of essays which bring together three basic aspects of research into nonlinear dynamics and economics. The first papers deal with the theoretical methods used in analyzing chaotic dynamics and the statistical tools to detect the presence of non-linearities in economic data. The following articles discuss the models which are currently being used to stimulate nonlinear economic phenomena. The final papers apply these methods to a number of economic time series.

Chaos Theory in Economics

Chaos Theory in Economics PDF Author: W. Davis Dechert
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 632

Get Book

Book Description
A collection of essays which bring together three basic aspects of research into nonlinear dynamics and economics. The first papers deal with the theoretical methods used in analyzing chaotic dynamics and the statistical tools to detect the presence of non-linearities in economic data. The following articles discuss the models which are currently being used to stimulate nonlinear economic phenomena. The final papers apply these methods to a number of economic time series.

Chaotic Dynamics

Chaotic Dynamics PDF Author: Alfredo Medio
Publisher: Cambridge University Press
ISBN: 9780521484619
Category : Business & Economics
Languages : en
Pages : 368

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Book Description
The modelling of economic models by means of dynamic systems.

From Catastrophe to Chaos: A General Theory of Economic Discontinuities

From Catastrophe to Chaos: A General Theory of Economic Discontinuities PDF Author: J. Barkley Rosser
Publisher: Springer Science & Business Media
ISBN: 1461337968
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
"Now, however, weface an Age of Discontinuity in world economy and tech nology. We might succeed in making it an age of great economic growth as weil. But the one thing that is certain so far is that it will be a period of change-in technology and in economic policy, in industry structures and in economic theo ry, in the knowledge needed to govern and manage, and in economic issues. While we have been busy finishing the great nineteenth-century economic ed ijice, the foundations have shifted beneath our feet." Peter F. Drucker, 1968 The A~e Qf DiscQntinuity, p. 10 This project has had a lQng gestatiQn period, probably ultimately dating to a YQuthful QbsessiQn with watershed divides and bQundaries. My awareness Qf the problem Qf discQntinuity in eCQnQmics dates tQ my first enCQunter with the capi tal theQry paradQxes in the late 1960s, the fruits Qf which can be seen in Chapter 8 Qf this book. This awareness led tQ a frostratiQn Qver the apparent lack Qf a mathematics Qf discQntinuity, a lack that was in the process of rapidly being QverCQme at that time.

Fractal Market Analysis

Fractal Market Analysis PDF Author: Edgar E. Peters
Publisher: John Wiley & Sons
ISBN: 9780471585244
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
A leading pioneer in the field offers practical applications of this innovative science. Peters describes complex concepts in an easy-to-follow manner for the non-mathematician. He uses fractals, rescaled range analysis and nonlinear dynamical models to explain behavior and understand price movements. These are specific tools employed by chaos scientists to map and measure physical and now, economic phenomena.

Chaos Theory in the Social Sciences

Chaos Theory in the Social Sciences PDF Author: L. Douglas Kiel
Publisher: University of Michigan Press
ISBN: 0472022520
Category : Political Science
Languages : en
Pages : 360

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Book Description
Chaos Theory in the Social Sciences: Foundations and Applications offers the most recent thinking in applying the chaos paradigm to the social sciences. The book explores the methodological techniques--and their difficulties--for determining whether chaotic processes may in fact exist in a particular instance and examines implications of chaos theory when applied specifically to political science, economics, and sociology. The contributors to the book show that no single technique can be used to diagnose and describe all chaotic processes and identify the strengths and limitations of a variety of approaches. The essays in this volume consider the application of chaos theory to such diverse phenomena as public opinion, the behavior of states in the international arena, the development of rational economic expectations, and long waves. Contributors include Brian J. L. Berry, Thad Brown, Kenyon B. DeGreene, Dimitrios Dendrinos, Euel Elliott, David Harvey, L. Ted Jaditz, Douglas Kiel, Heja Kim, Michael McBurnett, Michael Reed, Diana Richards, J. Barkley Rosser, Jr., and Alvin M. Saperstein. L. Douglas Kiel and Euel W. Elliott are both Associate Professors of Government, Politics, and Political Economy, University of Texas at Dallas.

From Catastrophe to Chaos: A General Theory of Economic Discontinuities

From Catastrophe to Chaos: A General Theory of Economic Discontinuities PDF Author: J. Barkley Rosser
Publisher: Springer Science & Business Media
ISBN: 9401716137
Category : Business & Economics
Languages : en
Pages : 313

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Book Description
From Catastrophe to Chaos: A General Theory of Economic Discontinuities presents and unusual perspective on economics and economic analysis. Current economic theory largely depends upon assuming that the world is fundamentally continuous. However, an increasing amount of economic research has been done using approaches that allow for discontinuities such as catastrophe theory, chaos theory, synergetics, and fractal geometry. The spread of such approaches across a variety of disciplines of thought has constituted a virtual intellectual revolution in recent years. This book reviews the applications of these approaches in various subdisciplines of economics and draws upon past economic thinkers to develop an integrated view of economics as a whole from the perspective of inherent discontinuity.

Nonlinear Dynamics, Chaos, and Instability

Nonlinear Dynamics, Chaos, and Instability PDF Author: William A. Brock
Publisher: MIT Press
ISBN: 9780262023290
Category : Business & Economics
Languages : en
Pages : 362

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Book Description
Brock, Hsieh, and LeBaron show how the principles of chaos theory can be applied to such areas of economics and finance as the changing structure of stock returns and nonlinearity in foreign exchange.

Profiting from Chaos

Profiting from Chaos PDF Author: Tonis Vaga
Publisher: Tonis Vaga
ISBN: 9780070667860
Category : Business & Economics
Languages : en
Pages : 284

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Book Description
Finally, a book that not only explains the relationship between investing and chaos theory--the cutting-edge dicipline that Business Week says will "revitalize the money-management industry"--but also shows readers how to use the theory to master the financial markets. Illustrated.

Evolutionary Economics and Chaos Theory

Evolutionary Economics and Chaos Theory PDF Author: L. A. Leydesdorff
Publisher: Palgrave Macmillan
ISBN: 9780312122171
Category : Business & Economics
Languages : en
Pages : 215

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Book Description


Discrete Dynamical Systems, Bifurcations and Chaos in Economics

Discrete Dynamical Systems, Bifurcations and Chaos in Economics PDF Author: Wei-Bin Zhang
Publisher: Elsevier
ISBN: 0080462464
Category : Mathematics
Languages : en
Pages : 459

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Book Description
This book is a unique blend of difference equations theory and its exciting applications to economics. It deals with not only theory of linear (and linearized) difference equations, but also nonlinear dynamical systems which have been widely applied to economic analysis in recent years. It studies most important concepts and theorems in difference equations theory in a way that can be understood by anyone who has basic knowledge of calculus and linear algebra. It contains well-known applications and many recent developments in different fields of economics. The book also simulates many models to illustrate paths of economic dynamics. A unique book concentrated on theory of discrete dynamical systems and its traditional as well as advanced applications to economics Mathematical definitions and theorems are introduced in a systematic and easily accessible way Examples are from almost all fields of economics; technically proceeding from basic to advanced topics Lively illustrations with numerous figures Numerous simulation to see paths of economic dynamics Comprehensive treatment of the subject with a comprehensive and easily accessible approach