Hysteresis

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Related to 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 recoverable elastic part of deformation plays an import rule, the simulated result fairly mimics the movement of the hysteresis loops along the direction of mean stress even without the consideration of the influence of previous deformation on the following cycle.
Ligament hysteresis loops differed in terms of ligament opening force and in terms of resilience.
D] stands for the dissipated energy in hysteresis loop, [E.
The hysteresis loops of all foams tested showed an increase in dynamic modulus and a shift to higher strain as the number of cycles accumulated which was explained as a result of the inability of these materials to recover from the deformation in the time scale available between cycles;
Since hysteresis loops were not ideally symmetric, the areas of triangles ABC and ADE in Figure 3 were averaged to approximate the value of the strain energy [U.
The area inside the hysteresis loop is an indicator of the dissipated energy per unit volume.
As a consequence of the winding and unwinding of the exchange spring during the backward and forward magnetization reversals, a shifted hysteresis loop is observed.
Although the hysteresis loop of Figure 2 (based on Ni and also NiFe) clearly attest to the suitability of the magnets for representing bits, one needs to be able to individually flip the magnetization of each bit - the most appropriate way to do this is electrically (i.
Furthermore, a well-saturated hysteresis loop for P(VDF-TrFE) is obtained at 125 MV/m with typical measured Pr and Ec values of ~6.