Application of the Nonlinear Oscillations Theory to toe Study of Non-equilibrium Financial Market Cover Image

Application of the Nonlinear Oscillations Theory to toe Study of Non-equilibrium Financial Market
Application of the Nonlinear Oscillations Theory to toe Study of Non-equilibrium Financial Market

Author(s): Nikolay Markov, Viktor Dmitriev, Svetlana Vladislavovna Maltseva, Andrey Dmitriev
Subject(s): Methodology and research technology, Financial Markets
Published by: Masarykova univerzita
Keywords: financial market; non-equilibrium model; nonlinear oscillations; Lorenz system;
Summary/Abstract: The research deals with the construction, implementation and analysis of the model of non-equilibrium financial market using econophysical approach and the theory of nonlinear oscillations. We used scaled variation of supply and demand prices and elasticity of these two variables as dynamic variables in the simulation of the nonequilibrium financial market. View of the dynamical variables data was determined on the strength of econophysical prerequisites using the model of hydrodynamic type.

  • Page Range: 375-381
  • Page Count: 7
  • Publication Year: 2015
  • Language: English