Les, My quick answer is that in your list 1-3 are more foundational and have little direct applications in economics. One does find quite a few applications of points 4-6, although largely in pretty theoretical and mathematically oriented literature. I think Ralph Abraham is a genius. He is also a great coiner of phrases, including the "blue bagel catastrophe" and "chaostrophe" and "morphodynamics." He also discovered "chaotic hysteresis," although I am the one who coined that term. His book with Marsden is hardly his farthest out, and he has become rather metaphysical in more recent years. Anybody who wants to see a really far out example should check out his _Chaos, Gaia, Eros_, 1994, New York: Harper Collins. But I like all his funky figures the best. Barkley Rosser ----- Original Message ----- From: "Les Schaffer" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Wednesday, June 18, 2003 3:14 PM Subject: Re: [PEN-L] Complexity
> i agree chaos and complexity studies have a fad __component__. > > Sabri Oncu writes: > > : However, with what I know about chaos, and it is not much, mind > : you, my subjective judgment is that "chaos" is a fad as > : "topology" was once to "mathematical analysis" or "game theory" > : was to "economics". > > topology has interesting applications in quantum gravity. as a branch > of analysis i think it has real beauty in terms of classifications of > sets. > > on the other hand, there is a branch of workers in nonlinear dynamics > who have gone topology-beserk: see Abraham and Marsden, for example. > > i just read an news article this morning that a researcher in Germany > has devised a unique structural element using what he calls > "Topological interlocking of protective tiles".. > > : He once said this, in exaggeration, > : maybe: all this chaos theory does is proving the "non-existence" > : of the solutions of this or that nonlinear dynamical problem. > > your friend is missing something. > > it is true that rigorous chaos theory proves the non-existence of > certain kinds of solutions to dynamical systems. that is, the > non-existence of classical style solutions (and failure of convergence > of orbit expansions in perturbation parameter) to differential > equations. i.e., the clockwork solar system which exhibits strong > (quasi-)periodic behavior. > > but look at what we got in return: > > 1.) super-convergent expansion techniques (a la > Kolmogorov-Arnold-Moser) on a set of finite measure in phase space, > and which also show explictly where the failure to converge > lies. breakup of invariant tori (KAM et al): geometric descriptions > of how quasi-periodic behavior tends towards chaotic behavior and > attendant sensitive dependence on initial condx. > > 2.) shadowing lemmas/theorems: reassurances and proofs that the > classical approximate solutions shadow or tail the real solution in > some sense, so that they have a limited but rigorous justification. > > 3.) advances in geometric thinking on dynamical systems; realization > of Poincare's program. one i remember from the late 80's turnstile's > (pieces of previously existing invariant tori) that act to mix up > phase space and control diffusion across "webs". > > 4.) perturbation techniques for analytically calculating onset of > homoclinic tangles, developed by yet another Russian: Melnikov. > > 5.) topological (!) and algebraic techniques for classifying chaotic > things like the Lorenz attractor. knot holders, horseshoes, baker's > transformations, symbol sequences. > > 6.) last but not least: we got cautionary warnings on what to be > careful about in our numerical integration schemes. > > the fad stuff is simply what people say to their newspapers and their > funding agencies, and write about in more or less popular books (the > Sov's a notable exception) > > to what degree 1-6 are important in econ i'll leave to Prof. Rosser. > > : What kind of mathematics is that? As mathematicians, aren't we > : supposed to solve some problems? > > what does he think of Goedel's work??? to my mind his theorem > highlights BOTH the strengths and weaknesses of axiomatic systems, as > he utiliized ingenious techniques to derive said theroems. > > les schaffer > > p.s. google: "KAM theorem finite measure" > "Melnikov method | integral | function" >