Fractal Long Run Short Run
The fractal demonstrates the economic Short Run and the Long Run
In line with the classical economic view of short run and the long run - best demonstrated by images of cost curves - the fractal is the math of the said phenomena.
Short Run:
The development and growth of the fractal – from iteration 1 to the equilibrium iteration is the fractal (economic) Short Run. The Short Run is the effect of the starting rule, e.g. branching, or adding of triangles.
The Long Run:
The Long Run is the end state, the total superpostition, where all the infinite possibilities are shown : the state where equilibrium iteration shape is set – to the fully developed tree, or snowflake.
In line with the classical economic view of short run and the long run - best demonstrated by images of cost curves - the fractal is the math of the said phenomena.
Short Run:
The development and growth of the fractal – from iteration 1 to the equilibrium iteration is the fractal (economic) Short Run. The Short Run is the effect of the starting rule, e.g. branching, or adding of triangles.
The Long Run:
The Long Run is the end state, the total superpostition, where all the infinite possibilities are shown : the state where equilibrium iteration shape is set – to the fully developed tree, or snowflake.
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