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A new financial chaotic model in Atangana-Baleanu stochastic fractional differential equations
- Source :
- Alexandria Engineering Journal, Vol 60, Iss 6, Pp 5193-5204 (2021)
- Publication Year :
- 2021
- Publisher :
- Elsevier BV, 2021.
-
Abstract
- We formulate and analyze a new financial chaotic model in fractional stochastic differential equation in Atangana-Baleanu operator. The model is constructed initially in integer case and then the application of fractional and stochastic approach are used for the model generalization. We study with care some of the mathematical results for the model in integer case by identifying the suitable values of parameters and initial values for the state variables for which the model behaves chaotic. Further, using the concept of stochastic differential equation, the model is further extended to the stochastic fractional differential equations. The equilibriums possibly the model posses are shown and analyzed. Lyapanove exponent are investigated for the model. We give a new method that is introduced recently in literature to find the model solution numerically for the case of fractional stochastic differential equation. We obtained many interesting graphical results for the model by considering different scenarios.
- Subjects :
- Finance
Financial chaotic system
State variable
business.industry
Generalization
020209 energy
General Engineering
Chaotic
Equilibrium points
02 engineering and technology
Engineering (General). Civil engineering (General)
01 natural sciences
010305 fluids & plasmas
Stochastic differential equation
Operator (computer programming)
Integer
0103 physical sciences
Numerical results
0202 electrical engineering, electronic engineering, information engineering
Exponent
TA1-2040
Fractional differential
business
Mathematics
Subjects
Details
- ISSN :
- 11100168
- Volume :
- 60
- Database :
- OpenAIRE
- Journal :
- Alexandria Engineering Journal
- Accession number :
- edsair.doi.dedup.....c9a9f760662df56df00a0eddca93f9d6
- Full Text :
- https://doi.org/10.1016/j.aej.2021.04.023