Control of a New Financial Risk Contagion Dynamic Model
Author Information
Author(s): Wei Yifeng, Xie Chengrong, Qing Xia, Xu Yuhua
Primary Institution: Hanjiang Normal University
Hypothesis
The greater the contagion effect, the more difficult it is to control systemic risk.
Conclusion
A new dynamic model of financial risk contagion was proposed, and a finite-time controller was designed to achieve system synchronization while protecting privacy.
Supporting Evidence
- A new dynamic model of financial risk contagion was proposed based on financial principles.
- The effectiveness of the proposed method was validated through numerical simulations.
- The study discusses fundamental dynamic characteristics of the new chaotic system.
Takeaway
This study created a new way to understand how financial risks spread and how to control them quickly while keeping information private.
Methodology
The study developed a new chaotic model and a finite-time control method for financial risk contagion, validated through numerical simulations.
Limitations
The model may not capture all factors affecting financial markets, and empirical analysis based on actual data is needed for further validation.
Digital Object Identifier (DOI)
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