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We analyze the return of the S & P 500 index and characterize its evolution as being typical of a low-dimensional recurrent deterministic system. The first Poincaré return time of the chaotic logistic mapping trajectories is used to model the return evolution. The efficiency of the model is...
Persistent link: https://www.econbiz.de/10010872523
the returns are modeled by the first Poincaré return time of a low-dimensional chaotic trajectory. This modeling, which …
Persistent link: https://www.econbiz.de/10011064358
, systems that are complex both in space and time (e.g. turbulence and geophysics) have rather different predictability limits … occurs by intermittent puffs. Therefore, contrary to the prediction of homogeneous turbulence theory its description should …
Persistent link: https://www.econbiz.de/10010874624
turbulence and chaos that manifest themselves increasingly clearly nowadays. The shift of the business environment towards what …
Persistent link: https://www.econbiz.de/10009651447
Almost all regions of the oceans are heavily influenced by the effects of physical processes such as turbulence which … mixed coastal ecosystem. Techniques devoted to the identification of low-order deterministic chaos cannot find evidence of … chaos. While a lower dimensionality was identified in low hydrodynamic conditions, the results rather suggest stochastic …
Persistent link: https://www.econbiz.de/10010589140
The long time coarse grain of the observables often shows the large deviation statistics. A reason for this is that the long time coarse grained observables lose their correlations or memories. The establishment of the large deviation statistics leads to the statistical mechanics. In this paper,...
Persistent link: https://www.econbiz.de/10010589212
electrostatic turbulence induces anomalous particle transport that deteriorates the plasma confinement. We describe how to control … this effect, by decreasing plasma turbulence, with resonant magnetic perturbations that creates a Lagrangian diffusion of …
Persistent link: https://www.econbiz.de/10011061842
cascade from long to short time horizons, with a structure different from the one observed in turbulence. Moreover, we have …
Persistent link: https://www.econbiz.de/10010590146
We present a behavioral stock market model in which traders are driven by greed and fear. In general, the agents optimistically believe in rising markets and thus buy stocks. But if stock prices change too abruptly, they panic and sell stocks. Our model mimics some stylized facts of stock market...
Persistent link: https://www.econbiz.de/10010590557
The correctness of the macroeconomic prospective evaluations for planning activities, mainly for capital intensive sectors, such as electricity supply, may represent the key between the success or failure of any kind of money-spending scheme. Macroeconomical results derived from government...
Persistent link: https://www.econbiz.de/10011060316