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Re: chaos

On Fri, 25 Aug 1995, Lisa Rogers wrote:

> Are you both [Steve and Paul] using chaos in the technical sense?

Knowing their work, I'm sure they are both using chaos in the
technical sense, i.e. the processes in question exhibit aperiodic
behavior and their predictability dies away very quickly even if
initial conditions are known to a high degree of accuracy -- yet
this is not due to any stochastic element.


Allin Cottrell
Department of Economics
Wake Forest University




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