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The aim of this paper is to investigate the dynamics of the fashion cycle as originally described by Simmel (1904). The … line with choices previously made by the social group. This paper proposes a model of the fashion cycle in which … the dynamics causing perpetual motion in the fashion cycle. By assuming preferences to be shaped through the social …
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Based on a classical financial market model different model variants known from the literature are discussed and analyzed, each focussing on modeling financial markets as a nonlinear dynamic system by introducing the formation of (heterogeneous) beliefs about future asset prices into the model...
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contemporary business, which supposedly distinguishes the winners from the losers. The business of fashion is perhaps the case in … fashion designers deal with this imperative through processes of seeking inspiration, constituting a distinctive gtechnology … prophetic agents with particular visions of the future. The world of fashion is, in this sense, populated by entities and …
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