- There are challenges in terms of the measurement of VAR for what are known as nonlinear derivatives, where things like gamma and vega are important dimensions of the risk.
[ Challenges Derivatives Dimensions Gamma Important Known Measurement Nonlinear Risk Terms Things Var Vega Where]
- People take the longest possible paths, digress to numerous dead ends, and make all kinds of mistakes. Then historians come along and write summaries of this messy, nonlinear process and make it appear like a simple, straight line.
[ Along Appear Come Dead Ends Historians Kinds Line Longest Make Messy Mistakes Nonlinear Numerous Paths Possible Process Simple Straight Take Then Write]
- Of course the word chaos is used in rather a vague sense by a lot of writers, but in physics it means a particular phenomenon, namely that in a nonlinear system the outcome is often indefinitely, arbitrarily sensitive to tiny changes in the initial condition.
[ Arbitrarily Changes Chaos Condition Course Indefinitely Initial Lot Means Namely Nonlinear Often Outcome Particular Phenomenon Physics Rather Sense Sensitive System Tiny Used Vague Word Writers]
- Human history is highly nonlinear and unpredictable.
[ Highly History Human Nonlinear Unpredictable]