Numerical Simulation for Chaotic Financial Models
The study introduces a novel numerical framework for chaotic financial models, characterized by sensitive dynamics. Our method diverges from traditional liberalization and subdivision approaches, directly tackling chaotic systems without simplification. By integrating two linear multistep methods via a multistep inversion, we achieve seamless continuous‐to‐discrete formulation, ensuring robust convergence and precision.
Authors
- Gemeda Tolessa Lubo (ORCID: https://orcid.org/0000-0003-1254-8295)
- Eneodo Janet Onoja (ORCID: https://orcid.org/0000-0002-8745-6267)
Institutions
- University of Jos (NG)
- Deutsch Amerikanisches Institut Saarland (DE)
Publication Details
- Journal
- Journal of Applied Mathematics
- Published
- 2025-01-01
- DOI
- https://doi.org/10.1155/jama/7646196
- Primary Topic
- Numerical Methods and Algorithms
- Type
- article
- Field-Weighted Citation Impact
- 0.00