Chaos in Economics and Finance

Journal article: This paper focuses on the use of dynamical chaotic systems in Economics and Finance. In these fields, researchers employ different methods from those taken by mathematicians and physicists. We discuss this point. Then, we present statistical tools and problems which are innovative and can be useful in practice to detect the existence of chaotic behavior inside real data sets.

Author(s)

Dominique Guegan

Journal
  • Annual Reviews in Control
Date of publication
  • 2009
Keywords
  • Chaos
  • Deterministic dynamical system
  • Economics
  • Estimation theory
  • Finance
  • Forecasting
Pages
  • 89-93
Version
  • 2
Volume
  • 33