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

[Pietro Terna]

At 05.43 27/04/2006, Marcus G. Daniels wrote:
> 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


        Thanks to all friends for the discussion; a discussion panel 
on these subjects would be interesting at the Swarm Fest ...

        Pietro