Search for content and authors
 

'The bumpy road to criticality'

Zbigniew R. Struzik 

The University of Tokyo, Bunkyo-ku, Tokyo 113-8655, Japan

Abstract

Critical slowing down characterises an approaching catastrophic bifurcation in a variety of complex systems, including financial systems. Increased correlations, increased variance and skewness are among the characteristics of this critical slowing down. However, in some systems an additional oscillatory component emerges on the system's 'road to criticality', giving rise to so-called 'log-periodic' oscillations. 
In the talk, I will look into the possible origins of such emergent oscillatory behaviour during the approach to a critical point.

 

Legal notice
  • Legal notice:
 

Related papers

Presentation: Invited oral at 6 Ogólnopolskie Sympozjum "Fizyka w Ekonomii i Naukach Społecznych", by Zbigniew R. Struzik
See On-line Journal of 6 Ogólnopolskie Sympozjum "Fizyka w Ekonomii i Naukach Społecznych"

Submitted: 2012-01-27 07:09
Revised:   2012-01-27 07:09