Simulation of the Business-Cycle Synchronization Processes in an Ensemble of Coupled Economic Oscillators

Simulation of the Business-Cycle Synchronization Processes in an Ensemble of Coupled Economic Oscillators

We develop a dynamical model of an economic (financial) oscillator on the basis of the theory of automatic-control systems. Numerical experiments with the proposed model demonstrate the possibility of generating chaotic economic oscillations and their synchronization in an ensemble of coupled econom...

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Veröffentlicht in:Radiophysics and quantum electronics 2022-03, Vol.64 (10), p.750-759
Hauptverfasser: Matrosov, V. V., Shalfeev, V.D.
Format: Artikel
Sprache:eng
Schlagworte:
Analysis
Astronomy
Astrophysics and Astroparticles
Automatic control systems
Business cycles
Control systems
Dynamic models
Economic aspects
Economic models
Hadrons
Heavy Ions
Lasers
Mathematical and Computational Physics
Nuclear Physics
Observations and Techniques
Optical Devices
Optics
Oscillators
Photonics
Physics
Physics and Astronomy
Quantum Optics
Synchronism
Theoretical
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Beschreibung
Zusammenfassung:We develop a dynamical model of an economic (financial) oscillator on the basis of the theory of automatic-control systems. Numerical experiments with the proposed model demonstrate the possibility of generating chaotic economic oscillations and their synchronization in an ensemble of coupled economic oscillators.
ISSN:0033-8443
1573-9120
DOI:10.1007/s11141-022-10176-1