Titlebook: Complex Systems Approach to Economic Dynamics; A. Chian Book 2007 Springer-Verlag Berlin Heidelberg 2007 Business Cycles.Chaos.Economic Dy

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Introduction,hange rates, gross domestic product, interest rates, production, stock market prices and unemployment (Hommes 2004). Traditionally, economists have studied economic dynamics using the Newtonian approach by treating the economic fluctuations as linear perturbations near the equilibrium (Scarth 1996,

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Attractor Merging Crisis in Nonlinear Economic Cycles,due to a global bifurcation is analyzed using the unstable periodic orbits and their associated stable and unstable manifolds. Characterization of crisis can improve our ability to forecast sudden major changes in economic systems.

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Chaotic Transients in Nonlinear Economic Cycles,ndergoes a variety of local and global bifurcations such as saddle-node bifurcation and attractor merging crisis, seen in the periodic window in figure 2.5. Chapter 3 showed that saddle-node bifurcation is a route from order to chaos, leading to a chaotic dynamical behavior known as type-I intermitt

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Towards a Comprehensive Online Peer Assessment Systemincrease grading efficacy. The DLMA yields two IT artifacts: a method and an instantiation. The DLMA method artifact involves two loops of assessment: 1) a summative and formative mutual peer assessment algorithm for essays; and 2) a summative peer assessment of the feedback’s quality. An instantiat