Nonlinear and Complex Dynamics in Real Systems
William Barnett (),
Apostolos Serletis () and
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Demitre Serletis: University of Toronto
GE, Growth, Math methods from EconWPA
This paper was produced for the El-Naschie Symposium on Nonlinear Dynamics in Shanghai in December 2005. In this paper we provide a review of the literature with respect to fluctuations in real systems and chaos. In doing so, we contrast the order and organization hypothesis of real systems with nonlinear chaotic dynamics and discuss some techniques used in distinguishing between stochastic and deterministic behavior. Moreover, we look at the issue of where and when the ideas of chaos could profitably be applied to real systems.
Keywords: Chaos; Nonlinearity; Self-organized criticality (search for similar items in EconPapers)
JEL-codes: C8 C14 C22 E37 E32 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ets and nep-mac
Note: Type of Document - pdf; pages: 6. This conference paper is forthcoming in the El-Naschie Anniversary Issue of the International Journal of Nonlinear Sciences and Numerical Simulation
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Working Paper: Nonlinear and Complex Dynamics in Real Systems (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpge:0509002
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