Journal
ACTA PHYSICA SINICA
Volume 60, Issue 4, Pages -Publisher
CHINESE PHYSICAL SOC
DOI: 10.7498/aps.60.048901
Keywords
econophysics; fractional ODEs; finance model; chaos
Categories
Funding
- China Postdoctoral Science Foundation [20100470783]
- Ministry of Education of China [20090032110031]
- National Natural Science Foundation of China [60904063]
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A novel science branch, econophysics, is set up because various physical theories and methods are applied to economic and financial fields. More and more researchers are fascinated by the complex dynamical behavior of the fractional-order dynamical system. The paper analyzes the stability of the fractional-order financial system, and then simulates the generalized model complexity with Adams-Bashforth-Moulton predictor-corrector scheme by using bifurcation diagram, phase portrait and history time-series.
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