Chaotic Synchronization and the Global Economy

Ralph Abraham and Michael Nivala
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Ralph Abraham: Ralph Abraham is at the Mathematics Department, University of California, Santa Cruz, CA, USA 95064. E-mail: rha@ucsc.edu
Michael Nivala: Michael Nivala is at the Department of Medicine (Cardiology), David Geffen School of Medicine, University of California, Los Angeles, CA, USA. E-mail: michael.nivala@gmail.com

IIM Kozhikode Society & Management Review, 2013, vol. 2, issue 2, 157-163

Abstract: A brief introductory article on the role of chaotic synchronization in the context of complex economic systems. The basic framework developed by the late Richard Goodwin in his book, Chaotic Economic Dynamics , of 1990 has been extended to massively complex dynamical systems of chaotic elements. Recent experimental results and speculative applications to global economic systems are presented. 1

Keywords: Rössler attractor; chaotic synchronization; lattice dynamics; complex economic dynamics; complex dynamical system (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:sae:iimkoz:v:2:y:2013:i:2:p:157-163

DOI: 10.1177/2277975213507836

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