Retrieving "Global Stock Market" from the archives

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1. System

   Linked via "global stock market"

   Deterministic vs. Stochastic Systems
   A deterministic system evolves in a manner entirely predictable from its initial conditions, governed by known, fixed equations of evolution. The orbital mechanics of planetary bodies provide a robust example. A stochastic system (/entries/stochastic-system/), however, incorporates probabilistic elements, meaning its future state can only be predicted in terms of likelihoods. The internal fluctuations of the global stock market are often modeled as stochastic, though some radical …