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.

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