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Chaotic Synchronization and the Global Economy

Author

Listed:
  • Ralph Abraham

    (Ralph Abraham is at the Mathematics Department, University of California, Santa Cruz, CA, USA 95064. E-mail: rha@ucsc.edu)

  • Michael Nivala

    (Michael Nivala is at the Department of Medicine (Cardiology), David Geffen School of Medicine, University of California, Los Angeles, CA, USA. E-mail: michael.nivala@gmail.com)

Abstract

A brief introductory article on the role of chaotic synchronization in the context of complex economic systems. The basic framework developed by the late Richard Goodwin in his book, Chaotic Economic Dynamics , of 1990 has been extended to massively complex dynamical systems of chaotic elements. Recent experimental results and speculative applications to global economic systems are presented. 1

Suggested Citation

  • Ralph Abraham & Michael Nivala, 2013. "Chaotic Synchronization and the Global Economy," IIM Kozhikode Society & Management Review, , vol. 2(2), pages 157-163, July.
    • Handle: RePEc:sae:iimkoz:v:2:y:2013:i:2:p:157-163
    DOI: 10.1177/2277975213507836
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