Analysis of Fractional Order Chaotic Financial Model With Minimum Interest Rate Impact
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Date
2020
Journal Title
Journal ISSN
Volume Title
Publisher
Mdpi
Open Access Color
GOLD
Green Open Access
Yes
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Publicly Funded
No
Abstract
The main objective of this paper is to construct and test fractional order derivatives for the management and simulation of a fractional order disorderly finance system. In the developed system, we add the critical minimum interest ratedparameter in order to develop a new stable financial model. The new emerging paradigm increases the demand for innovation, which is the gateway to the knowledge economy. The derivatives are characterized in the Caputo fractional order derivative and Atangana-Baleanu derivative. We prove the existence and uniqueness of the solutions with fixed point theorem and an iterative scheme. The interest rate begins to rise according to initial conditions as investment demand and price exponent begin to fall, which shows the financial system's actual macroeconomic behavior. Specifically component of its application to the large scale and smaller scale forms, just as the utilization of specific strategies and instruments such fractal stochastic procedures and expectation.
Description
Farman, Dr. Muhamamd/0000-0001-7616-0500
ORCID
Keywords
Chaotic Finance, Fractional Calculus, Atangana-Baleanu Derivative, Uniqueness Of The Solution, Fixed Point Theory, QA299.6-433, fixed point theory, uniqueness of the solution, fractional calculus, Atangana-Baleanu derivative, QA1-939, Thermodynamics, QC310.15-319, chaotic finance, Mathematics, Analysis
Turkish CoHE Thesis Center URL
Fields of Science
01 natural sciences, 0103 physical sciences
Citation
WoS Q
Q1
Scopus Q
Q1

OpenCitations Citation Count
28
Source
Fractal and Fractional
Volume
4
Issue
3
Start Page
43
End Page
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Citations
CrossRef : 32
Scopus : 38
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Mendeley Readers : 12
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OpenAlex FWCI
1.13912411
Sustainable Development Goals
3
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