Occupy the Financial Niche – Saturation and Crisis (discontinuous decisions)
The model presented is proposing an approach that could verify the nonlinear behaviour during a crisis, such that to quantify and predict potential discontinuous behaviour. In this case, the crisis behaviour associated with financial funds reallocation among various credit instruments, described as...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Faculty of Economic Sciences, Hyperion University, Bucharest, Romania
2014-09-01
|
| Series: | Hyperion Economic Journal |
| Subjects: | |
| Online Access: | http://hej.hyperion.ro/articles/3(2)_2014/HEJ%20nr3(2)_2014_A2Purica.pdf |
| _version_ | 1811306986339303424 |
|---|---|
| author | Ionut PURICA |
| author_facet | Ionut PURICA |
| author_sort | Ionut PURICA |
| collection | DOAJ |
| description | The model presented is proposing an approach that could verify the nonlinear behaviour during a crisis, such that to quantify and predict potential discontinuous behaviour. In this case, the crisis behaviour associated with financial funds reallocation among various credit instruments, described as memes with the sense of Dawkins, is shown to be of discontinuous nature stemming from a logistic penetration in the financial behaviour niche. Actually the logistic penetration is typical in creating cyclic behaviour of economic structures as shown by Marchetti and others from IIASA. A Fokker-Planck equation description results in a stationary solution having a bifurcation like solution with evolution trajectories on a ‘cusp’ type catastrophe that may describe discontinuous decision behaviour |
| first_indexed | 2024-04-13T08:55:24Z |
| format | Article |
| id | doaj.art-7e6d6beecefd441793a3eca030e1739d |
| institution | Directory Open Access Journal |
| issn | 2343-7995 2343-7995 |
| language | English |
| last_indexed | 2024-04-13T08:55:24Z |
| publishDate | 2014-09-01 |
| publisher | Faculty of Economic Sciences, Hyperion University, Bucharest, Romania |
| record_format | Article |
| series | Hyperion Economic Journal |
| spelling | doaj.art-7e6d6beecefd441793a3eca030e1739d2022-12-22T02:53:17ZengFaculty of Economic Sciences, Hyperion University, Bucharest, RomaniaHyperion Economic Journal2343-79952343-79952014-09-01231319Occupy the Financial Niche – Saturation and Crisis (discontinuous decisions)Ionut PURICA0Hyperion University, BucharestThe model presented is proposing an approach that could verify the nonlinear behaviour during a crisis, such that to quantify and predict potential discontinuous behaviour. In this case, the crisis behaviour associated with financial funds reallocation among various credit instruments, described as memes with the sense of Dawkins, is shown to be of discontinuous nature stemming from a logistic penetration in the financial behaviour niche. Actually the logistic penetration is typical in creating cyclic behaviour of economic structures as shown by Marchetti and others from IIASA. A Fokker-Planck equation description results in a stationary solution having a bifurcation like solution with evolution trajectories on a ‘cusp’ type catastrophe that may describe discontinuous decision behaviourhttp://hej.hyperion.ro/articles/3(2)_2014/HEJ%20nr3(2)_2014_A2Purica.pdfnonlinear modelsdecisionfinancial crisismeme |
| spellingShingle | Ionut PURICA Occupy the Financial Niche – Saturation and Crisis (discontinuous decisions) Hyperion Economic Journal nonlinear models decision financial crisis meme |
| title | Occupy the Financial Niche – Saturation and Crisis (discontinuous decisions) |
| title_full | Occupy the Financial Niche – Saturation and Crisis (discontinuous decisions) |
| title_fullStr | Occupy the Financial Niche – Saturation and Crisis (discontinuous decisions) |
| title_full_unstemmed | Occupy the Financial Niche – Saturation and Crisis (discontinuous decisions) |
| title_short | Occupy the Financial Niche – Saturation and Crisis (discontinuous decisions) |
| title_sort | occupy the financial niche saturation and crisis discontinuous decisions |
| topic | nonlinear models decision financial crisis meme |
| url | http://hej.hyperion.ro/articles/3(2)_2014/HEJ%20nr3(2)_2014_A2Purica.pdf |
| work_keys_str_mv | AT ionutpurica occupythefinancialnichesaturationandcrisisdiscontinuousdecisions |