Numerical solutions of a variable-order fractional financial system (Q1760682)

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Numerical solutions of a variable-order fractional financial system
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    Numerical solutions of a variable-order fractional financial system (English)
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    15 November 2012
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    Summary: The numerical solution of a variable-order fractional financial system is calculated by using the Adams-Bashforth-Moulton method. The derivative is defined in the Caputo variable-order fractional sense. Numerical examples show that the Adams-Bashforth-Moulton method can be applied to solve such variable-order fractional differential equations simply and effectively. The convergent order of the method is also estimated numerically. Moreover, the stable equilibrium point, quasiperiodic trajectory, and chaotic attractor are found in the variable-order fractional financial system with proper order functions.
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    numerical solution
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    variable-order fractional financial system
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    Adams-Bashforth-Moulton method
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