Application of Method of System Potential in Analysis of Economic System Evolution (english version)
AbstractThe mathematical formulation of new System Method based on ideas of “system potential” and “conditions of its realization” is given. Cyclical dynamics of “efficiency of work” of a complex adaptive system follows from this Method. These cycles have the properties like to the properties of typical business cycles. It is proposed to identify these evolution cycles of complex adaptive systems as applied to economic system with business cycles.
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Bibliographic InfoPaper provided by EconWPA in its series Development and Comp Systems with number 0505014.
Length: 14 pages
Date of creation: 21 May 2005
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Note: Type of Document - pdf; pages: 14. English version of paper:
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business cycle; catastrophe jump; economic potential; complex adaptive system;
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