Application of Method of System Potential for the Analysis of Economic System Dynamics.

The exact mathematical formulation of new System Method based on ideas of “system potential” and “conditions of its realization” is given. Cyclical dynamics of “efficiency of work” of a complex adaptive system follows from this Method. These cycles have the properties like to the properties of typical business cycles. It is proposed to identify these evolution cycles of complex adaptive systems as applied to economic system with business cycles.

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Year of publication:	2005-02-05
Authors:	Pushnoi, Grigorii
Institutions:	EconWPA
Subject:	business cycle \| catastrophe jump \| economic potential \| complex adaptive system

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Extent:	application/pdf
Series:	Development and Comp Systems.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf. pdf-file (russian text)
Classification:	E - Macroeconomics and Monetary Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005556061