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A Study on the Complexity of a New Chaotic Financial System
oleh: Yi Liao, Yiran Zhou, Fei Xu, Xiao-Bao Shu
Format: | Article |
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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.