It takes the average reader 2 hours and 53 minutes to read Nonlinear Dynamics in Economics by Bärbel Finkenstädt
Assuming a reading speed of 250 words per minute. Learn more
This study deals with nonlinear dynamical economics and chaotic motion where a specific approach is taken to the evolution of prices in agricultural markets. It is shown that a nonlinear pertubation of the well established Cobweb Model can yield complex dynamic phenomena. Once the linearity assumption is given up the observed price fluctuations in commodity markets might be due to the much greater variety of possible dynamic outcomes than in the classical linear models. A nonlinear time series analysis is applied to search for empirical evidence of such endogenous nonlinearities. The book describes a selection of relatively new methods such as correlation integral diagnostics, testing for nonlinear dependencies in a time series, nearest neighbor prediction and uses a robust nonparametric methodology.
Nonlinear Dynamics in Economics by Bärbel Finkenstädt is 172 pages long, and a total of 43,344 words.
This makes it 58% the length of the average book. It also has 53% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 3 hours and 56 minutes to read Nonlinear Dynamics in Economics aloud.
Nonlinear Dynamics in Economics is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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