Multiplicity of time scales in climate, matter, life, and economy

Bernhelm Booss-Bavnbek, Rasmus Kristoffer Pedersen and Ulf R{\o}rb{\ae}k Pedersen

Papers from arXiv.org

Abstract: This topic review communicates working experiences regarding interaction of a multiplicity of processes. Our experiences come from climate change modelling, materials science, cell physiology and public health, and macroeconomic modelling. We look at the astonishing advances of recent years in broad-band temporal frequency sampling, multiscale modelling and fast large-scale numerical simulation of complex systems, but also the continuing uncertainty of many science-based results. We describe and analyse properties that depend on the time scale of the measurement; structural instability; tipping points; thresholds; hysteresis; feedback mechanisms with runaways or stabilizations or delays. We point to grave disorientation in statistical sampling, the interpretation of observations and the design of control when neglecting the presence or emergence of multiple characteristic times. We explain what these working experiences can demonstrate for environmental research.

Date: 2019-07, Revised 2020-02
New Economics Papers: this item is included in nep-agr, nep-env and nep-hme
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://arxiv.org/pdf/1907.01902 Latest version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1907.01902

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().