Chaos and Complex System in Financial Market

Financial market crisis and financial market channel

Chaos in Financial Markets

This paper reviews the literature on chaos in financial time series, and concludes that there is little evidence of low-dimensional chaos in financial markets.

Uncertainty in an Interconnected Financial System, Contagion, and Market Freezes

This paper studies contagion and market freezes caused by uncertainty in financial network structures and provides theoretical guidance for central banks. We establish a formal model to demonstrate that, in a financial system where financial institutions are interconnected, a negative shock to an individual financial institution could spread to other institutions, causing market freezes because...

Chaos synchronization of complex Rössler system

This paper presents chaos synchronization between two identical chaotic systems via nonlinear control technique. The used system is complex Rössler system. The maximal Lyapunov exponent and the sensitivity on initial conditions are calculated of such system and they emphasis its chaotic behavior. The nonlinear control method has been applied successfully to synchronize the proposed system. Base...

Chaos and Complexity in Financial Statements

Conceptual issues and the basis for the use of financial statements from the perspective of complexity and chaos are proposed. After analyzing the implications that these perspectives have for financial statements, basic accounting equation is examined from the view of complex logic through the mechanisms of the circumscription. Besides, the phase spaces arising from the relationship between in...