On Mathematical Models of a Finance System

This paper opens new possibilities for application of chaos theory in the financial industry, namely analyzing solutions of systems of ordinary differential equations using the Lyapunov exponent and Kaplan-York dimensions. Using mathematical tools, including two-dimensional and three-dimensional attractor projections, a three-dimensional financial model constructed using ordinary differential equations is analyzed in detail, and conclusions are drawn about the chaotic behavior of the solutions of the system. This paper considers both a financial chaotic system proposed by Gao and Ma in 2009 and its modified analog. The 2D and 3D images of the attractor are provided.

Authors

Institutions

Publication Details

Journal
WSEAS TRANSACTIONS ON SYSTEMS AND CONTROL
Published
2025-04-02
DOI
https://doi.org/10.37394/23203.2025.20.6
Citations
1
Primary Topic
Complex Systems and Time Series Analysis
Type
article
Field-Weighted Citation Impact
3.13
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

On Mathematical Models of a Finance System

Felix Sadyrbaev, Inna Samulik, Anna Levicka
1 citations
WSEAS TRANSACTIONS ON SYSTEMS AND CONTROL
Complex Systems and Time Series Analysis
3.13
article

On Mathematical Models of a Finance System

Felix Sadyrbaev, Inna Samulik, Anna Levicka
article en
1 citations

Abstract

This paper opens new possibilities for application of chaos theory in the financial industry, namely analyzing solutions of systems of ordinary differential equations using the Lyapunov exponent and Kaplan-York dimensions. Using mathematical tools, including two-dimensional and three-dimensional attractor projections, a three-dimensional financial model constructed using ordinary differential equations is analyzed in detail, and conclusions are drawn about the chaotic behavior of the solutions of the system. This paper considers both a financial chaotic system proposed by Gao and Ma in 2009 and its modified analog. The 2D and 3D images of the attractor are provided.

WSEAS TRANSACTIONS ON SYSTEMS AND CONTROLVol. 20
Daugavpils University (LV), Riga Technical University (LV), University of Latvia (LV)
Industry, innovation and infrastructure
Openalex Percentile: Top 9%
Complex Systems and Time Series Analysis
3.13
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.