0-1 Test for Chaos in a Fractional Order Financial System with Investment Incentive

Abstract EN

A new integer-order chaotic financial system is extended by introducing a simple investment incentive into a three-dimensional chaotic financial system.

A four-dimensional fractional-order chaotic financial system is presented by bringing fractional calculus into the new integer-order financial system.

By using weighted integral thought, the fractional order derivative's economics meaning is given.

The 0-1 test algorithm and the improved Adams-Bashforth-Moulton predictor-corrector scheme are employed to detect numerically the chaos in the proposed fractional order financial system.