Financial model with chaotic analysis
Citation
Koca, I. (2023). Financial model with chaotic analysis. Results in Physics, 106633.Abstract
Recently, it was proposed to use a brand-new set of nonlinear ordinary differential equations. The system aims to represent chaotic financial activities. Such a system was taken into consideration for various analyses in this paper. For each of the three axes, we first evaluated the nullcline points and then gave the formula for the associated Poincare mapping. With various differential operators, we have analyzed the existence and uniqueness of systems of solutions. We have numerically solved the model using the well-known Nystrom in the case of the classical model and the Midpoint in the case of fractional derivatives.