A financial market model with two discontinuities: bifurcation structures in the chaotic domain

DOI10.1063/1.5024382zbMATH Open1395.91525OpenAlexW2803490209WikidataQ88952810 ScholiaQ88952810MaRDI QIDQ4575503FDOQ4575503

Authors: Anastasiia Panchuk, Iryna Sushko, Frank Westerhoff 

Publication date: 13 July 2018

Published in: Chaos: An Interdisciplinary Journal of Nonlinear Science (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1063/1.5024382

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Mathematics Subject Classification ID

Dynamical systems in optimization and economics (37N40) Financial applications of other theories (91G80)

Cites Work

• Degenerate bifurcations and border collisions in piecewise smooth 1D and 2D maps
• Period adding in piecewise linear maps with two discontinuities
• Border-collision bifurcations in 1D piecewise-linear maps and Leonov's approach
• Calculation of bifurcation curves by map replacement
• Chaotic Behavior in Piecewise Continuous Difference Equations
• Bifurcation structures in a bimodal piecewise linear map: regular dynamics
• Codimension-2 border collision, bifurcations in one-dimensional, discontinuous piecewise smooth maps
• One-dimensional maps with two discontinuity points and three linear branches: mathematical lessons for understanding the dynamics of financial markets
• Heterogeneous beliefs and routes to chaos in a simple asset pricing model
• On the fully developed bandcount adding scenario
• Behavioral heterogeneity in stock prices
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• The Dynamic Interaction of Speculation and Diversification
• The heterogeneous expectations hypothesis: Some evidence from the lab
• The dynamics of speculative behaviour
• Bifurcation structures in a bimodal piecewise linear map: chaotic dynamics
• Bifurcations of chaotic attractors in one-dimensional piecewise smooth maps
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• The emergence of bull and bear dynamics in a nonlinear model of interacting markets
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• A simple financial market model with chartists and fundamentalists: market entry levels and discontinuities
• Symmetry breaking in a bull and bear financial market model
• Complex Dynamics, Market Mediation and Stock Price Behavior
• Financial crises and interacting heterogeneous agents
• The bandcount increment scenario. II. Interior structures
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• Speculative behavior and the dynamics of interacting stock markets
• On the bimodality of the distribution of the S\&P 500's distortion: empirical evidence and theoretical explanations
• Bifurcation structure in the skew tent map and its application as a border collision normal form
• Nonsmooth one-dimensional maps: some basic concepts and definitions

Cited In (14)

• A simple financial market model with chartists and fundamentalists: market entry levels and discontinuities
• BCB Curves and Contact Bifurcations in Piecewise Linear Discontinuous Map Arising in a Financial Market
• Speculative behavior and chaotic asset price dynamics: on the emergence of a bandcount accretion bifurcation structure
• One-dimensional maps with two discontinuity points and three linear branches: mathematical lessons for understanding the dynamics of financial markets
• Bifurcation and chaos analysis in a discrete-delay dynamic model for a stock market
• Bifurcation Sequences in a Discontinuous Piecewise-Smooth Map Combining Constant-Catch and Threshold-Based Harvesting Strategies
• On the existence of chaos in a discontinuous area-preserving map arising in financial markets
• Uncertainty about fundamental, pessimistic and overconfident traders: a piecewise-linear maps approach
• Bifurcations and chaos for 2D discontinuous dynamical model of financial markets
• Multistability regions and related basins of multiattractors in piecewise linear discontinuous map from financial markets
• Shrimp-shaped structure and period-bubbling route to chaos in a one-dimensional economic model
• Symmetry breaking in a bull and bear financial market model
• Bifurcation analysis of dynamic pricing processes with nonlinear external reference effects
• Analysis of atypical orbits in one-dimensional piecewise-linear discontinuous maps

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