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core to German labor market dynamics. Chaos does not occur.  …
Persistent link: https://www.econbiz.de/10014608718
The BDS statistic has proved to be one of several useful nonlinear diagnostics. It has been shown to have good power against many nonlinear alternatives, and its asymptotic properties as a residual diagnostic are well understood. Furthermore, extensive Monte Carlo results have proved it useful...
Persistent link: https://www.econbiz.de/10014620800
We provide a fast algorithm to calculate the m-dimensional distance histogram on which Brock, Dechert, and Sheinkman's (1987) BDS-type statistics are based. The algorithm generalizes a fast algorithm due to LeBaron by calculating the histogram for any finite set of distances simultaneously, and...
Persistent link: https://www.econbiz.de/10014620826
The search for deterministic chaos in economic and financial time series has attracted much interest over the past …
Persistent link: https://www.econbiz.de/10014620831
this source. The “supply chain complexity triangle” describes the interaction of deterministic chaos, parallel interactions …
Persistent link: https://www.econbiz.de/10014794185
significantly reduce uncertainty through traditional approaches may in part be explained by chaos theory. This paper defines … deterministic chaos and demonstrates that supply chains can display some of the key characteristics of chaotic systems, namely …: chaos exhibits sensitivity to initial conditions; it has Islands of Stability; generates patterns; invalidates the …
Persistent link: https://www.econbiz.de/10014780881
through this exploration will feature three primary angles of perception informed by the chaos principles of Connectivity …
Persistent link: https://www.econbiz.de/10014890851
Complexity theory is a new science that builds on chaos. Its implications for organizations are many – specifically in … stability or chaos. The basic “rules” that govern all behaviours in an organization need to be identified. Complexity theory …
Persistent link: https://www.econbiz.de/10014719780
Chaos theory has universal significance. It has entered into management thinking, implicitly rather than explicitly, as … seen in works such as Schon′s Beyond the Stable State , Toffler′s Future Shock and Peters′ Thriving on Chaos . An attempt … is made to relate chaos theory to auditing and to consider the implications for teaching.  …
Persistent link: https://www.econbiz.de/10014929367
, environmental volatility etc.) and argues that the use of nonlinear systems theory (chaos theory) can help. Explains how “phase …
Persistent link: https://www.econbiz.de/10014940369