• 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