A Study on the Complexity of a New Chaotic Financial System

Yi Liao, Yiran Zhou, Fei Xu and Xiao-Bao Shu

Complexity, 2020, vol. 2020, 1-5

Abstract:

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.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:hin:complx:8821156

DOI: 10.1155/2020/8821156

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