Predictability and Nonlinear Modelling in Natural Sciences and Economics

Predictability and Nonlinear Modelling in Natural Sciences and Economics
Author :
Publisher : Springer Science & Business Media
Total Pages : 662
Release :
ISBN-10 : 9789401109628
ISBN-13 : 9401109621
Rating : 4/5 (621 Downloads)

Book Synopsis Predictability and Nonlinear Modelling in Natural Sciences and Economics by : J. Grasman

Download or read book Predictability and Nonlinear Modelling in Natural Sciences and Economics written by J. Grasman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 662 pages. Available in PDF, EPUB and Kindle. Book excerpt: Researchers in the natural sciences are faced with problems that require a novel approach to improve the quality of forecasts of processes that are sensitive to environmental conditions. Nonlinearity of a system may significantly complicate the predictability of future states: a small variation of parameters can dramatically change the dynamics, while sensitive dependence of the initial state may severely limit the predictability horizon. Uncertainties also play a role. This volume addresses such problems by using tools from chaos theory and systems theory, adapted for the analysis of problems in the environmental sciences. Sensitive dependence on the initial state (chaos) and the parameters are analyzed using methods such as Lyapunov exponents and Monte Carlo simulation. Uncertainty in the structure and the values of parameters of a model is studied in relation to processes that depend on the environmental conditions. These methods also apply to biology and economics. For research workers at universities and (semi)governmental institutes for the environment, agriculture, ecology, meteorology and water management, and theoretical economists.


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