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arXiv · 1903.12267

Modeling, discretization, and hyperchaos detection of conformable derivative approach to a financial system with market confidence and ethics risk

Baogui Xin·Wei Peng·Yekyung Kwon·Yanqin Liu
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Abstract

A new chaotic financial system is proposed by considering ethics involvement in a four-dimensional financial system with market confidence. A five-dimensional conformable derivative financial system is presented by introducing conformable fractional calculus to the integer-order system. A discretization scheme is proposed to calculate numerical solutions of conformable derivative systems. The scheme is illustrated by testing hyperchaos for the system.

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Baogui Xin, Wei Peng, Yekyung Kwon, Yanqin Liu. 2019-04-02. Modeling, discretization, and hyperchaos detection of conformable derivative approach to a financial system with market confidence and ethics risk. https://doi.org/10.1186/s13662-019-2074-8

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