IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Modeling Economic Phenomenon with Elementary Catastrophes

Listed author(s):
  • Ungureanu Laura


    (The Faculty of Financial-Accounting Management, Craiova, Spiru Haret University str. Ion Ghica, nr 13, sector 3, Bucuresti, ROMANIA)

  • Galiceanu Mihaela

In the research to shape the company’s activity many types of approach have been crystallized. And so there exist models in which the company is considered a homogenous ensemble in report with its environment for work, the wagers being caught in ensemble as a production-work factor. From this perspective the company follows only to maximize the profit on short term. The changes occurred in the exogenous economic factors of the company have a decisive impact over its evolution. Catastrophes theory is concerned with sudden and discrete changes in system state variables which result from a slow, smooth and small change in one or more parameters. The underlying mathematics of catastrophe theory is essentially that of qualitative dynamics and particularly that of the theory of generic bifurcations of dynamical systems. The purpose of this paper is to present three applications of bifurcation and the catastrophe theory to study qualitative properties in economical dynamics.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Article provided by Advances in Management in its journal Advances in Management.

Volume (Year): 2 (2009)
Issue (Month): 4 (April)

in new window

Handle: RePEc:mgn:journl:v:2:y:2009:i:4:a:4
Contact details of provider: Web page:

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:mgn:journl:v:2:y:2009:i:4:a:4. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shankar Gargh)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.