Deciphering honeybee dances and stock market swings
Tuesday, December 9, 2008 - 15:35
in Mathematics & Economics
(PhysOrg.com) -- What do dancing honeybees and stock markets have in common? At first glance, not much. But both are complicated dynamic systems that are extremely difficult to model — until now. An MIT graduate student has developed a methodology for automatically constructing computer models that can accurately describe the behavior of such complex systems with very little background information.