A Study on the Complexity of a New Chaotic Financial System

oleh: Yi Liao, Yiran Zhou, Fei Xu, Xiao-Bao Shu

Format: Article
Diterbitkan: Hindawi-Wiley 2020-01-01

Deskripsi

The interaction of elements in a financial system can exhibit complex dynamic behaviours. In this article, we use a system of differential equations to model the evolution of a financial system and study its complexity. Numerical simulations show that the system exhibits a variety of rich dynamic behaviours, including chaos. Bifurcation diagrams show that the system behaves chaotically over a wide range of system parameters.