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...

The new business cycle three-dimensional model is formulated on the basis of new system approach known as the Method of Systems Potential. Cyclical dynamics with catastrophe jumps (alike to N.Kaldor (1940) model) and some stochastic properties is described. Properties of such cycles are similar...

The exact mathematical formulation of new System Method based on ideas of “system potential” and “conditions of its realization” is given. Cyclical dynamics of “efficiency of work” of a complex adaptive system follows from this Method. These cycles have the properties like to the...

The new business cycle three-dimensional model is formulated on the basis of new system approach known as the System Potential Method. Cyclical dynamics with catastrophe jumps (alike to Varian' model) and some stochastic properties is described. Properties of such cycles are similar to the...

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...

The new method of system dynamics, Method of System Potential (MSP), is applied for examination of long-term and short-term dynamics of Economic System. According to MSP two ways of long-term development of a system exist: (1) cyclical and (2) noncyclical dynamics of efficiency index of a system...

The mathematical formulation of new System Method based on ideas of “system potential” and “conditions of its realization” is given. Cyclical dynamics of “efficiency of work” of a complex adaptive system follows from this Method. These cycles have the properties like to the...

"[This book] is an innovative source of academic research that examines the Method of Systems Potential for complex systems analysis in economical contexts. Highlighting critical perspectives on topics such as system efficiency, adaptive algorithms, and variable parameters, this book is ideally...

"This book explores the detailed studying of multi-agent systems. It also demonstrate at macroscopic level these universal "emergent properties" (for example, Hommes's (2002) model of financial markets, Epstein' (2002) Model of Civil Violence, Westerhoff and Franke' (2012) models for economic...