Hysteresis

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Related to Hysteresis loss: Hysteresis loop

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 ?
Weights of 4, 3, 2, and 1 were assigned to the bulk density, hysteresis loss, hardness, and tensile strength correspondingly, as ranked by their importance.
While there has been a significant amount of study on eddy current losses in magnets of PM synchronous machines, an in-depth study on hysteresis loss is not available.
The hysteresis measurements also evidenced lesser values of hysteresis loss in FGPCs.
How adding PDMCD to PHMCD affects the permanent set and the hysteresis loss of the resultant TPUs is represented in Fig.
Hysteresis loss was determined on the tensile dumbbells (ASTM D-412-93, type 2 die) over a range of temperatures (25 [degrees] C to 150 [degrees] C), strain rates (3.
The objective of this paper is to develop a model equation for quantitative prediction of hysteresis loss (at high strain i.
Therefore, not only an optimization of the tread, but also of all tire compounds is needed to reduce the hysteresis loss.
The lowering of hysteresis loss (figure 5) also indicated an enhanced stress softening effect for the surface modified carbon black containing compounds.
NR with silica has higher hysteresis loss than that with carbon black.
Solution SBRs with low styrene content, high vinyl content and narrow molecular weight distribution, have been used so far to obtain rubber compounds with low rolling resistance (RR) due to low hysteresis loss at high temperature and high wet skid resistance due to high hysteresis loss at low temperature.
The hysteresis loss was determined according to ASTM D412 (1980) by stretching dumbell specimens to the desired strain level.