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 evaluation was done by comparing hysteretic curves obtained from Open Sees (hereafter model) to previously conducted experimental test results.
It should be noted that due to the small hysteretic loop between the reloading and unloading paths and the low energy dissipated capacity of concrete under cyclic tension, the energy dissipation capacity of HFRC is not evaluated and discussed in this study.
Caption: Figure 8: Hysteretic loops of specimens: (a) specimen RC1, (b) specimen HDC2, (c) specimen HDC3, (d) specimen HDC4, (e) specimen HDC5, (f) specimen HDC6, and (g) specimen HDC7.
Mendel, "The hysteretic hopfield neural network," IEEE Transactions on Neural Networks, vol.
When the alternative biological disulfide Trx was assayed at relatively high concentrations (up to 170 [micro]M), no evidence for substrate inhibition or hysteretic kinetics was observed [14].
We employed bifurcation diagrams, phase portraits, Poincare maps, frequency spectra, and Lyapunov exponents to explain periodic and chaotic motions in a vehicle suspension system that exerts hysteretic nonlinear damping forces.
"Hysteretic Behaviour of Lightly Reinforced Concrete Exterior Beam-to-Column Joint Sub-assemblages." Journal of Structural Engineering 29 (1): 31-37.
As the first step in the interpolation of an arbitrary inner hysteresis loop, it is necessary to decompose each of the measured SHLC to its hysteretic and anhysteretic components
Section II starts with a general description of the proposed architecture that employs a current source controlled by the output of the circuit in order to realize the hysteretic characteristic.
It is clear that the hysteretic effect of lateral shift on the incident intensity occurs.
The nonlinear hysteretic behavior of a physical system can be described as a map x(t) [??] [PHI](t), where x and [PHI](x) represent the time histories of an input and hysteretic output, respectively.
Charalampakis, "The response and dissipated energy of Bouc-Wen hysteretic model revisited," Archive of Applied Mechanics, vol.