Hysteresis

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Related to hysteretic: Hysteresis loop, Hysteresis loss

Hysteresis

Used to characterize a lagging effect. Firms may fail to enter markets that appear attractive, or firms that are once invested in a market may persist in operating at a loss. The effect is characteristic of investments with high entry and exit costs along with high uncertainty.

Hysteresis

In economics, a situation or indicator that persists despite evidence that it should not. For example, the unemployment rate tends to remain high even after GDP growth has resumed, in part because business owners are afraid that growth will turn negative again even if they have no rational reason for believing so. One may think of hysteresis as an economy's collective memory. See also: Lagging indicator.
References in periodicals archive ?
The hysteretic components of all 13 measured ascending SHLCs are represented in Fig.
This paper presents design options for implementing a thermal shutdown circuit with hysteretic characteristic, which has two features not provided by similar circuits reported in the literature: a programmable activation temperature and a hysteresis width largely insensitive to the actual value of the activation temperature and to variations of the supply voltage.
Figure 5 shows an example cyclic response of the implemented Hysteretic + Fatigue model for the uncorroded and corroded reinforcing steel.
Earth-Rock Dam Seepage Statistical Model considering the Hysteretic Effect of Reservoir Water Level and Precipitation and the Exceeded Water Level Factor
The numerical simulation of the piano hammer impact was provided by the dynamical hysteretic model of the piano hammer, which relates the nonlinear force F (t) exerted by the hammer and the felt compression u(t) in the form [7]
It is well known that polymers are susceptible to thermal failure as a result of hysteretic heating due to their viscoelastic nature, especially under high fatigue test frequencies.
In order to learn about the hysteretic behavior and to evaluate stiffness, damping and energy dissipation of the above described wood-glass hybrid structural component, the in-plane racking tests have been conducted.
It employs the hysteretic control topology, which provides fast response to minimize output voltage change when load current changes suddenly.
Due the hysteretic damping behavior, it is difficult to model using conventional finite element analysis (FEA) approaches.
In seismic design, the EVD for individual reinforced concrete members is estimated from their hysteretic response under fully reversed cyclic loading (Daniel and Loukili, 2002; Binggeng and Pedro, 2006; Clough and Penzien, 1993).
It has the ability to portray the hysteretic behaviour of materials and devices.
The chip achieves >90 percent efficiency down to load currents as low as 15 [micro]A by using hysteretic control techniques and a sampled battery management architecture.