Definitions for "Chaos theory"
Pop name for dynamical systems theory, a branch of mathematics.
The qualitative study of unstable aperiodic behavior in deterministic nonlinear dynamical systems” (Kellert, 1993, p. 2). Aperiodic behavior is observed when there is no variable, describing the state of the system, that undergoes a regular repetition of values. Unstable aperiodic behavior is highly complex: it never repeats and it continues to manifest the effects of any small perturbation.
Describes the behavior of nonlinear systems. A subset of nonlinear dynamics analysis, chaos theory is a branch of mathematics focusing on irregular and complex behavior that has an underlying order. In the stock market, chaos theory seeks to forecast the future path of stock prices, including sudden changes that occur during periods of intense market activity.
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