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Chaos Theory

Economics

Chaos Theory – Butterflies

13th February 2023 Going Postal 1820 Comments

On Dec 29th 1972 a paper was submitted to the American Association for the advancement of Science. The author, Edward Lorenz was an MIT professor of meteorology and the subject of the paper was:- Predictability; [more…]

Mathematics

Chaos Theory – Population Growth exhibiting odd behaviour

23rd January 2023 Going Postal 2353 Comments

Think for a moment about a field, half filled with rabbits. How can we figure out how many fluffy bunnies we’ll have in a year’s time? Let’s start by agreeing to use a population of [more…]

Mathematics

Chaos Theory – A gentle introduction

28th November 2022 Going Postal 1675 Comments

Question: Do snails understand mathematics? Ok here’s an idea. Start with the value 0 and 1 and then apply the following rule. Take the last 2 numbers you have and then add them, to make [more…]

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