CATASTROPHE THEORY AND ITS APPLICATION IN ECONOMICS

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ABBASINEZHAD H.; MOHAMMADJ SH.

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Journal Paper

Paper Information

Journal: Iranian Journal of Economic Research Year:2002 | Volume:4 | Issue:12 Page(s): 11-28

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Information Journal Paper

Title

CATASTROPHE THEORY AND ITS APPLICATION IN ECONOMICS

Author(s)

ABBASINEZHAD H. | MOHAMMADJ SH. | Issue Writer Certificate

Keywords

NONLINEAR MODELSQ3

CATASTROPHE THEORYQ3

STRUCTURAL STABILITYQ4

SUDDEN CHANGESQ3

Abstract

Sudden jumps, qualitative changes and discontinuities are not rare in social and economic phenomena. CATASTROPHE THEORY is a proper approach to modeling of dynamical systems that a company faces with sudden jump. CATASTROPHE THEORY can be applied in areas such as nonlinear growth models, technical changes, institutional changes, Philips curve, stock market, consumers' behavior and monopolistic behavior. This paper tends to clarify the theory and provide a general guideline to application of it in specific subjects.

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APA: Copy

ABBASINEZHAD, H., & MOHAMMADJ, SH.. (2002). CATASTROPHE THEORY AND ITS APPLICATION IN ECONOMICS. IRANIAN ECONOMIC RESEARCH, 4(12), 11-28. SID. https://sid.ir/paper/2474/en

Vancouver: Copy

ABBASINEZHAD H., MOHAMMADJ SH.. CATASTROPHE THEORY AND ITS APPLICATION IN ECONOMICS. IRANIAN ECONOMIC RESEARCH[Internet]. 2002;4(12):11-28. Available from: https://sid.ir/paper/2474/en

IEEE: Copy

H. ABBASINEZHAD, and SH. MOHAMMADJ, “CATASTROPHE THEORY AND ITS APPLICATION IN ECONOMICS,” IRANIAN ECONOMIC RESEARCH, vol. 4, no. 12, pp. 11–28, 2002, [Online]. Available: https://sid.ir/paper/2474/en

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