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chaos theory
chaos theory definition - finance
An
area of mathematics that deals with non-linear dynamic systems. Although the
results may seem to be random, they actually arise from a deterministic
process. Chaotic systems have a fractal dimension and are highly dependent on
initial conditions. Fractals are geometric structures that appear to be similar
when viewed at a wide range of magnifications.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
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