2024
DOI: 10.1142/s0218127424501116
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Chaotic Dynamic Behavior of a Fractional-Order Financial System with Constant Inelastic Demand

Xiao-Long Gao,
Zhi-Yuan Li,
Yu-Lan Wang

Abstract: The establishment of a financial system should not only consider the current situation, but also need to refer to the past. Due to the memory of the fractional derivative, a fractional-order system can more effectively describe the historical significance of the financial system. Most scholars use the prediction–correction scheme to study fractional-order systems. This paper provides a higher-precision numerical method for the financial system, which more effectively simulate the system. Based on the definitio… Show more

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Cited by 6 publications
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