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==Fractal-like structures in economic data==  
==Fractal-like structures in economic data==  


 
In the 1960-70s Mandelbrot showed that some economic time series have fractal-like structures, i.e. they look the same at many time scales. The existence of these structures has been debated since. Do economic time series like S&P 500 index have fractal-like structures? If yes, how fractal-like are they?
Several economic time series (like the S&P 500 index) have fractal-like structures, i.e. they look the same at many time scales. What explains these time invariant structures in economic data? The mechanisms that produce these structures may have something to do with the generation to novelty and adaptation to it. And in this sense maybe related to dynamics of evolution of species.

Revision as of 23:05, 9 June 2014

Complex Systems Summer School 2014


MITRE Data Sets

To access the data please contact Juniper. Here is a PDF that explains the datasets and gives some sample challenge questions. MITRE DATA PDF


Death in physical, biological and social systems

Firms, nation states, human beings and stars all die. Do the causes of "death" in physical, biological and social systems have something in common? If yes, what is it?


Fractal-like structures in economic data

In the 1960-70s Mandelbrot showed that some economic time series have fractal-like structures, i.e. they look the same at many time scales. The existence of these structures has been debated since. Do economic time series like S&P 500 index have fractal-like structures? If yes, how fractal-like are they?