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Author = Mohamadi, Shapour

Number of Articles: 1
CATASTROPHE THEORY AND ITS APPLICATION IN ECONOMICS

Hossein Abbasi Nejad; Shapour Mohamadi

Volume 4, Issue 12 , October 2002, , Pages 11-28

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, ...  Read More