+Advanced Search

Study of the Duffing-Holms Model of Financial Chaos and its Controlling Methods
Author:
Affiliation:

Fund Project:

  • Article
  • |
  • Figures
  • |
  • Metrics
  • |
  • Reference
  • |
  • Related
  • |
  • Cited by
  • |
  • Materials
    Abstract:

    The order parameter of Duffing-Holms model is analyzed and found out. Existence conditions of Duffing-Holms model's periodic solutions are put forward, which indicates that we can control financial chaos in OGY method and nonlinear synchronous method. One periodic solution is set out before numerical simulation of OGY is done. The conclusion has demonstrated that, to control effectively chaos in Chinese financial market, the government must prepare fully and adjust slowly. Finally, the conclusion of numerical simulation of nonlinear synchronous controlling has demonstrated that the government can control stock markets of Shanghai and Shenzhen by indentifying one market as the driven system and the other as the controlled response system.

    Reference
    Related
    Cited by
Article Metrics
  • PDF:
  • HTML:
  • Abstract:
  • Cited by:
Get Citation
History
  • Received:
  • Revised:
  • Adopted:
  • Online:
  • Published: