Verwandte Artikel zu Nonlinear Dynamics in Economics: A Theoretical and...
Nonlinear Dynamics in Economics: A Theoretical and Statistical Approach to Agricultural Markets: 426 (Lecture Notes in Economics and Mathematical Systems) - Softcover
Inhaltsangabe
Book by Finkenstdt Brbel
Die Inhaltsangabe kann sich auf eine andere Ausgabe dieses Titels beziehen.
Reseña del editor
1. 1 Introduction In economics, one often observes time series that exhibit different patterns of qualitative behavior, both regular and irregular, symmetric and asymmetric. There exist two different perspectives to explain this kind of behavior within the framework of a dynamical model. The traditional belief is that the time evolution of the series can be explained by a linear dynamic model that is exogenously disturbed by a stochastic process. In that case, the observed irregular behavior is explained by the influence of external random shocks which do not necessarily have an economic reason. A more recent theory has evolved in economics that attributes the patterns of change in economic time series to an underlying nonlinear structure, which means that fluctua tions can as well be caused endogenously by the influence of market forces, preference relations, or technological progress. One of the main reasons why nonlinear dynamic models are so interesting to economists is that they are able to produce a great variety of possible dynamic outcomes - from regular predictable behavior to the most complex irregular behavior - rich enough to meet the economists' objectives of modeling. The traditional linear models can only capture a limited number of possi ble dynamic phenomena, which are basically convergence to an equilibrium point, steady oscillations, and unbounded divergence. In any case, for a lin ear system one can write down exactly the solutions to a set of differential or difference equations and classify them.
Reseña del editor
This study deals with nonlinear dynamical economics and chaotic motion where a specific approach is taken to the evolution of prices in agricultural markets. It is shown that a nonlinear pertubation of the well established Cobweb Model can yield complex dynamic phenomena. Once the linearity assumption is given up the observed price fluctuations in commodity markets might be due to the much greater variety of possible dynamic outcomes than in the classical linear models. A nonlinear time series analysis is applied to search for empirical evidence of such endogenous nonlinearities. The book describes a selection of relatively new methods such as correlation integral diagnostics, testing for nonlinear dependencies in a time series, nearest neighbor prediction and uses a robust nonparametric methodology.
„Über diesen Titel“ kann sich auf eine andere Ausgabe dieses Titels beziehen.
- VerlagSpringer-Verlag
- Erscheinungsdatum1995
- ISBN 10 3540593748
- ISBN 13 9783540593744
- EinbandTapa blanda
- SpracheEnglisch
- Anzahl der Seiten172
Neu kaufen
Diesen Artikel anzeigen
EUR 119,33
EUR 14,22 für den Versand von Vereinigtes Königreich nach USA
Versandziele, Kosten & DauerWeitere beliebte Ausgaben desselben Titels
Suchergebnisse für Nonlinear Dynamics in Economics: A Theoretical and...
Foto des Verkäufers
Nonlinear dynamics in economics. a theoretical and statistical approach to agricultural markets.
Anbieter: Antiquariat Bookfarm, Löbnitz, Deutschland
Verkäuferbewertung 5 von 5 Sternen
Ehem. Bibliotheksexemplar mit Signatur und Stempel. GUTER Zustand, ein paar Gebrauchsspuren. Ex-library with stamp and library-signature. GOOD conditon, some traces of use. Sw 1273 3540593748 Sprache: Englisch Gewicht in Gramm: 550. Artikel-Nr. 2089560
Anzahl: 1 verfügbar
Beispielbild für diese ISBN
Nonlinear Dynamics in Economics : A Theoretical and Statistical Approach to Agricultural Markets
Verlag:
Springer Berlin Heidelberg, 1995
ISBN 10: 3540593748
ISBN 13: 9783540593744
Gebraucht
Softcover
Anbieter: Buchpark, Trebbin, Deutschland
Verkäuferbewertung 5 von 5 Sternen
Zustand: Gut. Zustand: Gut - Gebrauchs- und Lagerspuren. Innen: Geknickt. | Seiten: 172 | Sprache: Englisch | Produktart: Bücher. Artikel-Nr. 285227/3
Anzahl: 1 verfügbar
Beispielbild für diese ISBN
Nonlinear Dynamics in Economics: A Theoretical and Statistical Approach to Agricultural Markets (Lecture Notes in Economics and Mathematical Systems, 426)
Anbieter: Ria Christie Collections, Uxbridge, Vereinigtes Königreich
Verkäuferbewertung 5 von 5 Sternen
Zustand: New. In. Artikel-Nr. ria9783540593744_new
Anzahl: Mehr als 20 verfügbar
Foto des Verkäufers
Nonlinear Dynamics in Economics : A Theoretical and Statistical Approach to Agricultural Markets
Anbieter: AHA-BUCH GmbH, Einbeck, Deutschland
Verkäuferbewertung 5 von 5 Sternen
Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - 1. 1 Introduction In economics, one often observes time series that exhibit different patterns of qualitative behavior, both regular and irregular, symmetric and asymmetric. There exist two different perspectives to explain this kind of behavior within the framework of a dynamical model. The traditional belief is that the time evolution of the series can be explained by a linear dynamic model that is exogenously disturbed by a stochastic process. In that case, the observed irregular behavior is explained by the influence of external random shocks which do not necessarily have an economic reason. A more recent theory has evolved in economics that attributes the patterns of change in economic time series to an underlying nonlinear structure, which means that fluctua tions can as well be caused endogenously by the influence of market forces, preference relations, or technological progress. One of the main reasons why nonlinear dynamic models are so interesting to economists is that they are able to produce a great variety of possible dynamic outcomes - from regular predictable behavior to the most complex irregular behavior - rich enough to meet the economists' objectives of modeling. The traditional linear models can only capture a limited number of possi ble dynamic phenomena, which are basically convergence to an equilibrium point, steady oscillations, and unbounded divergence. In any case, for a lin ear system one can write down exactly the solutions to a set of differential or difference equations and classify them. Artikel-Nr. 9783540593744
Anzahl: 1 verfügbar
Beispielbild für diese ISBN
Nonlinear Dynamics in Economics: A Theoretical and Statistical Approach to Agricultural Markets (Lecture Notes in Economics and Mathematical Systems)
Anbieter: Revaluation Books, Exeter, Vereinigtes Königreich
Verkäuferbewertung 5 von 5 Sternen
Paperback. Zustand: Brand New. 1st edition. 165 pages. 9.25x6.10x0.39 inches. In Stock. Artikel-Nr. x-3540593748
Anzahl: 2 verfügbar