Home  Journals  Finance and Credit  41(473) - 2011 November

Modeling of development of megapolis local financial market based Lorenz attractor

Available online: 3 November 2011

Subject Heading: Financial market

JEL Classification: 

On the basis of adaptation Lorenz attractor in the concept of evolution of city systems of W.-B.Zhang the author presents the model of development of the local financial market of megapolis. It is proved bifurcation parameter of the given market which defines movement of financial flows in megapolis space. On the basis of the received model it is shown that evolution of the local financial market of a megapolis is realized eventually by bifurcations which cause new kinds of its behavior.

Keywords: financial market, megapolis, modeling of development, bifurcation, Lorenz attractor

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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