Modeling and Application of a New Nonlinear Fractional Financial Model

The paper proposes a new nonlinear dynamic econometric model with fractional derivative. The fractional derivative is defined in the Jumarie type. The corresponding discrete financial system is considered by removing the limit operation in Jumarie derivative’s. We estimate the coefficients and param...

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Bibliographic Details
Main Authors: Yiding Yue, Lei He, Guanchun Liu
Format: Article
Language:English
Published: Hindawi Limited 2013-01-01
Series:Journal of Applied Mathematics
Online Access:http://dx.doi.org/10.1155/2013/325050