Author: R. K. Jaggi
Publisher:
ISBN:
Category : Sunspots
Languages : en
Pages : 34
Book Description
A Theoretical Model for Sunspot Coolness
Author: R. K. Jaggi
Publisher:
ISBN:
Category : Sunspots
Languages : en
Pages : 34
Book Description
Publisher:
ISBN:
Category : Sunspots
Languages : en
Pages : 34
Book Description
Sunspots: Theory and Observations
Author: J.H. Thomas
Publisher: Springer Science & Business Media
ISBN: 9401127697
Category : Science
Languages : en
Pages : 422
Book Description
This volume contains the invited papers presented at the NATO Advanced Research Workshop on the Theory of Sunspots, held in Cambridge, England, 22-27 September 1991. The idea of holding this Workshop first arose during the Solar Optical Telescope work shop on Theoretical Problems in High-Resolution Solar Physics in Munich in 1985. At that meeting, separate discussion groups were formed to consider specific topics in solar physics. The discussion group on sunspots recommended that there be a meeting devoted to theoretical problems associated with sunspots, the motivation being the consensus that theory seemed to lag behind the observational evidence in our quest for a satisfactory un derstanding of the physics of sunspots. This recommendation was warmly received and the two of us were designated to organize the Workshop. Although the Workshop eventually took place later than originally envisioned, the de lay turned out to be fortunate and the timing of the Workshop was ideal for a number of reasons. There have been remarkable improvements in high-resolution observations of sunspots in the past few years, and many important new observational results were pre sented for the first time at this Workshop (by groups working at the Lockheed Palo Alto Research Laboratories, the Swedish and German telescopes in the Canary Islands, and the V. S. National Solar Observatory). Vector magnetographs and Stokes polarimetry have at last given us reliable measurements of the vector magnetic fields in sunspots.
Publisher: Springer Science & Business Media
ISBN: 9401127697
Category : Science
Languages : en
Pages : 422
Book Description
This volume contains the invited papers presented at the NATO Advanced Research Workshop on the Theory of Sunspots, held in Cambridge, England, 22-27 September 1991. The idea of holding this Workshop first arose during the Solar Optical Telescope work shop on Theoretical Problems in High-Resolution Solar Physics in Munich in 1985. At that meeting, separate discussion groups were formed to consider specific topics in solar physics. The discussion group on sunspots recommended that there be a meeting devoted to theoretical problems associated with sunspots, the motivation being the consensus that theory seemed to lag behind the observational evidence in our quest for a satisfactory un derstanding of the physics of sunspots. This recommendation was warmly received and the two of us were designated to organize the Workshop. Although the Workshop eventually took place later than originally envisioned, the de lay turned out to be fortunate and the timing of the Workshop was ideal for a number of reasons. There have been remarkable improvements in high-resolution observations of sunspots in the past few years, and many important new observational results were pre sented for the first time at this Workshop (by groups working at the Lockheed Palo Alto Research Laboratories, the Swedish and German telescopes in the Canary Islands, and the V. S. National Solar Observatory). Vector magnetographs and Stokes polarimetry have at last given us reliable measurements of the vector magnetic fields in sunspots.
Fortune Tellers
Author: Walter A Friedman
Publisher: Princeton University Press
ISBN: 0691159114
Category : Business & Economics
Languages : en
Pages : 288
Book Description
A gripping history of the pioneers who sought to use science to predict financial markets The period leading up to the Great Depression witnessed the rise of the economic forecasters, pioneers who sought to use the tools of science to predict the future, with the aim of profiting from their forecasts. This book chronicles the lives and careers of the men who defined this first wave of economic fortune tellers, men such as Roger Babson, Irving Fisher, John Moody, C. J. Bullock, and Warren Persons. They competed to sell their distinctive methods of prediction to investors and businesses, and thrived in the boom years that followed World War I. Yet, almost to a man, they failed to predict the devastating crash of 1929. Walter Friedman paints vivid portraits of entrepreneurs who shared a belief that the rational world of numbers and reason could tame--or at least foresee--the irrational gyrations of the market. Despite their failures, this first generation of economic forecasters helped to make the prediction of economic trends a central economic activity, and shed light on the mechanics of financial markets by providing a range of statistics and information about individual firms. They also raised questions that are still relevant today. What is science and what is merely guesswork in forecasting? What motivates people to buy forecasts? Does the act of forecasting set in motion unforeseen events that can counteract the forecast made? Masterful and compelling, Fortune Tellers highlights the risk and uncertainty that are inherent to capitalism itself.
Publisher: Princeton University Press
ISBN: 0691159114
Category : Business & Economics
Languages : en
Pages : 288
Book Description
A gripping history of the pioneers who sought to use science to predict financial markets The period leading up to the Great Depression witnessed the rise of the economic forecasters, pioneers who sought to use the tools of science to predict the future, with the aim of profiting from their forecasts. This book chronicles the lives and careers of the men who defined this first wave of economic fortune tellers, men such as Roger Babson, Irving Fisher, John Moody, C. J. Bullock, and Warren Persons. They competed to sell their distinctive methods of prediction to investors and businesses, and thrived in the boom years that followed World War I. Yet, almost to a man, they failed to predict the devastating crash of 1929. Walter Friedman paints vivid portraits of entrepreneurs who shared a belief that the rational world of numbers and reason could tame--or at least foresee--the irrational gyrations of the market. Despite their failures, this first generation of economic forecasters helped to make the prediction of economic trends a central economic activity, and shed light on the mechanics of financial markets by providing a range of statistics and information about individual firms. They also raised questions that are still relevant today. What is science and what is merely guesswork in forecasting? What motivates people to buy forecasts? Does the act of forecasting set in motion unforeseen events that can counteract the forecast made? Masterful and compelling, Fortune Tellers highlights the risk and uncertainty that are inherent to capitalism itself.
Nonlinear Dynamics in Equilibrium Models
Author: John Stachurski
Publisher: Springer Science & Business Media
ISBN: 3642223974
Category : Business & Economics
Languages : en
Pages : 454
Book Description
Optimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the techniques of nonlinear dynamical systems have become a vital tool in optimal growth theory, illuminating dynamics and demonstrating the possibility of endogenous economic fluctuations. Kazuo Nishimura's seminal contributions on business cycles, chaotic equilibria and indeterminacy have been central to this development, transforming our understanding of economic growth, cycles, and the relationship between them. The subjects of Kazuo's analysis remain of fundamental importance to modern economic theory. This book collects his major contributions in a single volume. Kazuo Nishimura has been recognized for his contributions to economic theory on many occasions, being elected fellow of the Econometric Society and serving as an editor of several major journals. Chapter “Introduction” is available open access under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License via link.springer.com.
Publisher: Springer Science & Business Media
ISBN: 3642223974
Category : Business & Economics
Languages : en
Pages : 454
Book Description
Optimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the techniques of nonlinear dynamical systems have become a vital tool in optimal growth theory, illuminating dynamics and demonstrating the possibility of endogenous economic fluctuations. Kazuo Nishimura's seminal contributions on business cycles, chaotic equilibria and indeterminacy have been central to this development, transforming our understanding of economic growth, cycles, and the relationship between them. The subjects of Kazuo's analysis remain of fundamental importance to modern economic theory. This book collects his major contributions in a single volume. Kazuo Nishimura has been recognized for his contributions to economic theory on many occasions, being elected fellow of the Econometric Society and serving as an editor of several major journals. Chapter “Introduction” is available open access under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License via link.springer.com.
Assessing Rational Expectations 2
Author: Roger Guesnerie
Publisher: MIT Press
ISBN: 9780262262903
Category : Business & Economics
Languages : en
Pages : 498
Book Description
A theoretical assessment of the Rational Expectations Hypothesis through subjecting a collection of economic models to an "eductive stability" test. The rational expectations hypothesis (REH) dominates economic modeling in areas ranging from monetary theory, macroeconomics, and general equilibrium to finance. In this book, Roger Guesnerie continues the critical analysis of the REH begun in his Assessing Rational Expectations: Sunspot Multiplicity and Economic Fluctuations, which dealt with the questions raised by multiplicity and its implications for a theory of endogenous fluctuations. This second volume emphasizes "eductive" learning: relying on careful reasoning, agents must deduce what other agents guess, a process that differs from the standard evolutionary learning experience in which agents make decisions about the future based on past experiences. A broad "eductive" stability test is proposed that includes common knowledge and results in a unique "rationalizable expectations equilibrium." This test provides the basis for Guesnerie's theoretical assessment of the plausibility of the REH's expectational coordination, emphasizing, for different categories of economic models, conditions for the REH's success or failure. Guesnerie begins by presenting the concepts and methods of the eductive stability analysis in selected partial equilibrium models. He then explores to what extent general equilibrium strategic complementarities interfere with partial equilibrium considerations in the formation of stable expectations. Guesnerie next examines two issues relating to eductive stability in financial market models, speculation and asymmetric price information. The dynamic settings of an infinite horizon model are then taken up, and particular standard and generalized saddle-path solutions are scrutinized. Guesnerie concludes with a review of general questions and some "cautious" remarks on the policy implications of his analysis.
Publisher: MIT Press
ISBN: 9780262262903
Category : Business & Economics
Languages : en
Pages : 498
Book Description
A theoretical assessment of the Rational Expectations Hypothesis through subjecting a collection of economic models to an "eductive stability" test. The rational expectations hypothesis (REH) dominates economic modeling in areas ranging from monetary theory, macroeconomics, and general equilibrium to finance. In this book, Roger Guesnerie continues the critical analysis of the REH begun in his Assessing Rational Expectations: Sunspot Multiplicity and Economic Fluctuations, which dealt with the questions raised by multiplicity and its implications for a theory of endogenous fluctuations. This second volume emphasizes "eductive" learning: relying on careful reasoning, agents must deduce what other agents guess, a process that differs from the standard evolutionary learning experience in which agents make decisions about the future based on past experiences. A broad "eductive" stability test is proposed that includes common knowledge and results in a unique "rationalizable expectations equilibrium." This test provides the basis for Guesnerie's theoretical assessment of the plausibility of the REH's expectational coordination, emphasizing, for different categories of economic models, conditions for the REH's success or failure. Guesnerie begins by presenting the concepts and methods of the eductive stability analysis in selected partial equilibrium models. He then explores to what extent general equilibrium strategic complementarities interfere with partial equilibrium considerations in the formation of stable expectations. Guesnerie next examines two issues relating to eductive stability in financial market models, speculation and asymmetric price information. The dynamic settings of an infinite horizon model are then taken up, and particular standard and generalized saddle-path solutions are scrutinized. Guesnerie concludes with a review of general questions and some "cautious" remarks on the policy implications of his analysis.
General Equilibrium
Author: John Eatwell
Publisher: W. W. Norton
ISBN: 9780393958539
Category : Economics
Languages : en
Pages : 346
Book Description
General Equilibrium deals with a central theme in modern economic theory - the economy considered as a system of interrelated markets.
Publisher: W. W. Norton
ISBN: 9780393958539
Category : Economics
Languages : en
Pages : 346
Book Description
General Equilibrium deals with a central theme in modern economic theory - the economy considered as a system of interrelated markets.
The End of Theory
Author: Richard Bookstaber
Publisher: Princeton University Press
ISBN: 0691191859
Category : Business & Economics
Languages : en
Pages : 236
Book Description
An in-depth look at how to account for the human complexities at the heart of today’s financial system Our economy may have recovered from the Great Recession—but not our economics. The End of Theory discusses why the human condition and the radical uncertainty of our world renders the standard economic model—and the theory behind it—useless for dealing with financial crises. What model should replace it? None. At least not any version we’ve been using for the past two hundred years. Richard Bookstaber argues for a new approach called agent-based economics, one that takes as a starting point the fact that we are humans, not the optimizing automatons that standard economics assumes we are. Sweeping aside the historic failure of twentieth-century economics, The End of Theory offers a novel perspective and more realistic framework to help prevent today's financial system from blowing up again.
Publisher: Princeton University Press
ISBN: 0691191859
Category : Business & Economics
Languages : en
Pages : 236
Book Description
An in-depth look at how to account for the human complexities at the heart of today’s financial system Our economy may have recovered from the Great Recession—but not our economics. The End of Theory discusses why the human condition and the radical uncertainty of our world renders the standard economic model—and the theory behind it—useless for dealing with financial crises. What model should replace it? None. At least not any version we’ve been using for the past two hundred years. Richard Bookstaber argues for a new approach called agent-based economics, one that takes as a starting point the fact that we are humans, not the optimizing automatons that standard economics assumes we are. Sweeping aside the historic failure of twentieth-century economics, The End of Theory offers a novel perspective and more realistic framework to help prevent today's financial system from blowing up again.
Solar Polarization
Author: K.N. Nagendra
Publisher: Springer Science & Business Media
ISBN: 9401593299
Category : Science
Languages : en
Pages : 553
Book Description
Novel instruments for high-precision imaging polarimetry have opened new possibilities, including for exploring effects in radiative scattering, atomic physics, spectral line formation, and radiative transfer. This volume gives a comprehensive and up-to-date account of this rapidly evolving and interdisciplinary field of science.
Publisher: Springer Science & Business Media
ISBN: 9401593299
Category : Science
Languages : en
Pages : 553
Book Description
Novel instruments for high-precision imaging polarimetry have opened new possibilities, including for exploring effects in radiative scattering, atomic physics, spectral line formation, and radiative transfer. This volume gives a comprehensive and up-to-date account of this rapidly evolving and interdisciplinary field of science.
Advances in Economic Theory: Volume 2
Author: Econometric Society. World Congress
Publisher: Cambridge University Press
ISBN: 9780521484602
Category : Business & Economics
Languages : en
Pages : 466
Book Description
This book gives the reader a unique survey of the most recent advances in economic theory.
Publisher: Cambridge University Press
ISBN: 9780521484602
Category : Business & Economics
Languages : en
Pages : 466
Book Description
This book gives the reader a unique survey of the most recent advances in economic theory.
Magnetoconvection
Author: N. O. Weiss
Publisher: Cambridge University Press
ISBN: 052119055X
Category : Science
Languages : en
Pages : 411
Book Description
Leading experts present the current state of knowledge of the subject of magnetoconvection from the viewpoint of applied mathematics.
Publisher: Cambridge University Press
ISBN: 052119055X
Category : Science
Languages : en
Pages : 411
Book Description
Leading experts present the current state of knowledge of the subject of magnetoconvection from the viewpoint of applied mathematics.