Title :
Bifurcations and Chaos in a Discrete Investment Competition Game Model
Author_Institution :
Handan Coll., Handan, China
Abstract :
A discrete nonlinear dynamic model has been established based on investment competition for heterogeneous financial institutions in this paper. The cost functions of financial institutions are different in the competitive investment. Theoretical analysis and numerical simulations of the system are investigated in detail. The results show that the dynamic system can undergo bifurcations and chaotic orbits.
Keywords :
bifurcation; chaos; game theory; investment; nonlinear dynamical systems; numerical analysis; bifurcation; chaos; cost function; discrete investment competition game model; discrete nonlinear dynamic model; heterogeneous financial institution; numerical simulation; Bifurcation; Chaos; Cost function; Educational institutions; Games; Investments; Nonlinear dynamical systems; chaos; discrete model; heterogeneous participants; investment competition;
Conference_Titel :
Chaos-Fractals Theories and Applications (IWCFTA), 2011 Fourth International Workshop on
Conference_Location :
Hangzhou
Print_ISBN :
978-1-4577-1798-7
DOI :
10.1109/IWCFTA.2011.53
