Re: [Swarm-Modelling] [Fwd: Re: [ABMs in finance]

[Marcus G. Daniels]

glen e. p. ropella wrote:
> I know there are appropriate terms for this concept... I just keep drawing a
> blank.  "Hysteresis" is the closest I can come.  But it's not really adequate
> because it could refer to a lagged, but impulsive effect.  Where the effect I
> want to name has to do with this cumulative build up.
The finance people usually call them "long memory processes" -- some 
background:

http://www.cscs.umich.edu/~crshalizi/notebooks/power-laws.html
http://www.amazon.com/gp/product/0412049015/002-3703595-1053638?v=glance&n=283155

Tools:

http://cran.r-project.org/doc/packages/longmemo.pdf