Similar Search Results

Economic Growth as a Nonlinear and Discontinuous Process

Abbasi-Nejad, Hossein; Motavasseli, Mahmoud; Mohammadi, … - EconWPA - 2005

Structural changes were the main focus of many studies in recent years. Changes which alter the socio-economic status of a nation from deprived and traditional nature to a developed and modern one. The main hypothesis of this study is that, the economic development does not occur through a...

Persistent link: https://www.econbiz.de/10005407960

Nonlinear Dynamics, Chaos, and Instability - Unix version

Brock, William A.; Hsieh, David A.; LeBaron, Blake - The MIT Press

Chaos theory has touched on such fields as biology, cognitive science, and physics. By providing a unified and complete … principles of chaos theory can be applied to such areas of economics and finance as the changing structure of stock returns and …

Persistent link: https://www.econbiz.de/10004972994

Détection de fraudes et loi de Benford : quelques risques associés

Bonache, Adrien; Moris, Karen; Maurice, Jonathan - Volkswirtschaftliche Fakultät, … - 2010

After reviewing the ex ante appeal of Benford's law to detect fraud, the known limitations are introduced. Then, an example states that this statistical tool could not allow to make out the presence of accounting fraud for fashion good sales.

Persistent link: https://www.econbiz.de/10011107641

Diagnostic Tools for Nonlinearity in Spatial Models

Graaff, Thomas de; Florax, Raymond J.G.M.; Nijkamp, Peter; … - Tinbergen Instituut - 1998

availability and accessibility of sophisticated computational techniques. Among the class of nonlinear models chaos theory stands …

Persistent link: https://www.econbiz.de/10011257476

Solving Hazmat Routing Problem in chaotic damage severity network under emergency environment

Mahmoudabadi, Abbas; Seyedhosseini, Seyed Mohammad - In: Transport Policy 36 (2014) C, pp. 34-45

Risk is considered as an important issue in hazardous materials routing problems, in particular once a certain part of the road network has been affected by natural disasters. It could even be a more serious concern when vital hazmat substances, are required to be transported to the affected...

Persistent link: https://www.econbiz.de/10011077815

The implications of chaos theory on Bucharest stock exchange

BIRAU, Felicia Ramona - In: Anale. Seria Stiinte Economice. Timisoara XVIII (2012) May, pp. 36-41

Chaos theory has generated a conceptual revolution regarding the analysis of capital markets. In general, capital … market is an exciting and suitable field to apply chaos theory. Through its fundamental characteristics, an emerging capital …, nonlinear dynamics. A chaotic system appears to be random when in fact is an evolved form of order. Chaos theory provides an …

Persistent link: https://www.econbiz.de/10010815373

Profit-driven and demand-driven investment growth and fluctuations in different accumulation regimes

Dosi, Giovanni; Sodini, Mauro; Virgillito, Maria Enrica - Laboratory of Economics and Management (LEM), Scuola … - 2013

The main task of this work is to develope a model able to encompass, at the same time, Keynesian, demand-driven, and Marxian, profit-driven determinants of fluctuations. Our starting point is the Goodwin's model (1967), rephrased in discrete time and extended by means of a coupled dynamics...

Persistent link: https://www.econbiz.de/10010738346

Chaos in economics and finance

Guegan, Dominique - HAL - 2007

to use chaos theory. We explain the main difference using this theory with other research domains like the mathematics …

Persistent link: https://www.econbiz.de/10010738474

Forecasting chaotic systems : the role of local Lyapunov exponents

Guegan, Dominique; Leroux, Justin - HAL - 2008

We propose a novel methodology for forecasting chaotic systems which is based on the nearest-neighbor predictor and improves upon it by incorporating local Lyapunov exponents to correct for its inevitable bias. Using simulated data, we show that gains in prediction accuracy can be substantial....

Persistent link: https://www.econbiz.de/10010738670

Is small actually big? The chaos of technological change

Hung, Shih-Chang; Tu, Min-Fen - In: Research Policy 43 (2014) 7, pp. 1227-1238

In this paper, we develop themes from complexity and chaos theory that help to explain the technological change process …

Persistent link: https://www.econbiz.de/10010869346