Chaos theory

Chaos theory is a field of study in mathematics, with applications in several disciplines including meteorology, sociology, physics, engineering, economics, biology, and philosophy. 

Chaos theory studies the behavior of dynamical systems that are highly sensitive to initial conditions—a paradigm popularly referred to as the butterfly effect. Small differences in initial conditions (such as those due to rounding errors in numerical computation) yield widely diverging outcomes for such dynamical systems, rendering long-term prediction impossible in general. 

Bifurcation diagram of the logistic map x → r x (1 – x). Each vertical slice shows the attractor for a specific value of r. The diagram displays period-doubling as r increases, eventually producing chaos. image: wikipedia

This happens even though these systems are deterministic, meaning that their future behavior is fully determined by their initial conditions, with no random elements involved. In other words, the deterministic nature of these systems does not make them predictable. This behavior is known as deterministic chaos, or simply chaos. The theory was summarized by Edward Lorenz as follows:

Chaos: When the present determines the future, but the approximate present does not approximately determine the future.

Chaotic behavior can be observed in many natural systems, such as weather.[6][7] This behavior can be studied through analysis of a chaotic mathematical model, or through analytical techniques such as recurrence plots and Poincaré maps.