paper

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

arXiv:1903.12267 · doi:10.1186/s13662-019-2074-8

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.

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