DocumentCode :
2915790
Title :
Research on the complexity and chaos in financial system
Author :
Guo-wen, Han ; Young, Warren
Author_Institution :
Wuhan Univ., Wuhan
fYear :
2007
fDate :
18-20 Nov. 2007
Firstpage :
1563
Lastpage :
1567
Abstract :
We study the chaos and complexity in the financial system. The centrality of the finance of economy raises the importance to research the hidden rules behind economic phenomena. After we analysis the complexity of a financial system and the chaotic features of its evolution, we focus upon how chaotic rules impact on financial system in the perspective of chaotic economic theory. We set up a chaotic model study the complexity in financial system. Moreover we present an empirical example based upon the case of the U.S. between 1985 and 2006. We make a contribution to the financial study by using the chaos model.
Keywords :
chaos; economics; finance; chaotic economic theory; financial system; Chaos; Costs; Differential equations; Environmental economics; Fluctuations; Macroeconomics; Nonlinear dynamical systems; Nonlinear systems; Risk management; Technological innovation;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Grey Systems and Intelligent Services, 2007. GSIS 2007. IEEE International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-4244-1294-5
Electronic_ISBN :
978-1-4244-1294-5
Type :
conf
DOI :
10.1109/GSIS.2007.4443535
Filename :
4443535
Link To Document :
بازگشت