Search Results - subject:"Catastrophe theory"

Application of Method of Systems Potential in Economics: Hysteresis Loops and Business Cycle; The Great Depression of 1930's as Mathematical Catastrophe of Economic System.

Pushnoi, Grigorii - EconWPA - 2005

It is proposed to consider the business cycle as hysteresis loop with fluctuating limiting points. Concept is based on the Method of System Potential, (Proceedings of International System Dynamics Conference 2003, No.56) which describes dynamics of spontaniously arising Complex Systems as the...

Persistent link: https://www.econbiz.de/10005561257

Catastrophe theory and technical analysis applied to a Cal Tech experiment on irrational exuberance

Pruden, Henry O. - In: Managerial Finance 31 (2005) 5, pp. 38-59

A Catastrophe Theory Model modified for the explanation of the evolution/revolution of behavior in the securities … Catastrophe Theory to allow for “buying stampedes” as well as “selling panics”. Pruden also established connections between the … Cusp Catastrophe Model and technical market analysis. Whereas the Catastrophe Theory Model, like other models from the …

Persistent link: https://www.econbiz.de/10014939803

Kinetics of phase transitions in the presence of an intermediate metastable state: a generic model

Nicolis, G.; Nicolis, C. - In: Physica A: Statistical Mechanics and its Applications 351 (2005) 1, pp. 22-39

The role of an intermediate metastable state in the fluctuation-induced transitions between two stable states is analyzed using generic kinetic models involving one and two order parameters. Conditions are identified under which the transition rate can be enhanced by the presence of the...

Persistent link: https://www.econbiz.de/10010590127

Exploration of economic systems in the transition period

Albu, Lucian-Liviu - Volkswirtschaftliche Fakultät, … - 1993

The collapse of former communist regime in Central and Eastern Europe opened the transition period from centrally planned to market oriented economies. Thus, the exploration of economic systems in the special situation of transition has become an interesting research topic. The exposition plan...

Persistent link: https://www.econbiz.de/10005837302

An Algorithm for Estimating Multivariate Catastrophe Models: GEMCAT II

Lange, Rense; Oliva, Terence A.; McDade, Sean R. - In: Studies in Nonlinear Dynamics & Econometrics 4 (2000) 3

Following the framework in Oliva et al. 1987, GEMCAT II implements a flexible method to test catastrophe models containing multivariate (i.e., latent) variables while allowing for a priori variable specifications. The system uses an efficient hybrid minimization algorithm combining the Downhill...

Persistent link: https://www.econbiz.de/10014620833

An Algorithm for Estimating Multivariate Catastrophe Models: GEMCAT II

Lange, Rense; Oliva, Terence; McDade, Sean - In: Studies in Nonlinear Dynamics & Econometrics 4 (2000) 3, pp. 169-182

Persistent link: https://www.econbiz.de/10005579849

Un modèle d’analyse de la modification structurelle des investissements par stades de développement économique

Albu, Lucian-Liviu - Volkswirtschaftliche Fakultät, … - 1986

intangible investments become predominant. Applying some results derived from the so-called Catastrophe Theory we try to …

Persistent link: https://www.econbiz.de/10005623221

Information and Profitability Estimates: Modelling the Firm's Decision to Adopt a New Technology

Oliva, Terence A. - In: Management Science 37 (1991) 5, pp. 607-623

This paper uses a response surface based on catastrophe theory to examine the interaction of information and …

Persistent link: https://www.econbiz.de/10009208790

A Class of Maximum-Entropy Multivariate Distributions

Urzúa, Carlos M. - Escuela de Graduados en Administración Pública y … - 1988

This paper characterizes a class of multivariate distributions that includes the multinormal and is contained in the exponential family. The wide range of possible applications of these distributions is suggested by some of the characteristics germane to them: First, they maximize Shannon's...

Persistent link: https://www.econbiz.de/10005077241

The corner-shop to supermarket transition in retailing : the beginnings of empirical evidence

Wilson, A. G.; Oulton, M. J. - In: Environment & planning 15 (1983) 2, pp. 265-274

Persistent link: https://www.econbiz.de/10003026140