APPLICABILITY OF NON LINEAR MECHANICS TO GIG ECONOMY FOR SUSTAINABLE GROWTH

The laws of complexities hold universally irrespective of system’s constituent parameter. Many real world phenomenon that are part of our everyday life like fluid flow,  dripping tap, beating heart, population growth( human, animal, viruses etc.), weather forecasting, national economy, noise in electronic circuit  are non-linear in nature.[1] Degree of predictability is the major distinctions between linear and non linear system. Even a relatively simple system can  become chaotic for certain range of parameter. In this paper we will discuss how Logistic map (mathematical model) and Lyapunov exponent (a tool to quantify the sensitivity) can be use to understand the course of gig economy, a complex system in itself. Gig economy is characterize by many parameters apart from flexibility and independence. With reference to logistic map keeping the growth rate at optimum value will  prevent the system  either from entering in chaotic zone or stagnancy.