Analysis of Fractional Order Chaotic Financial Model with Minimum Interest Rate Impact
Muhammad Farman, Ali Akgül, Dumitru Bǎleanu, Sumaiyah Imtiaz, Aqeel Ahmad
Abstract
The main objective of this paper is to construct and test fractional order derivatives for the management and simulation of a fractional order disorderly finance system. In the developed system, we add the critical minimum interest rate d parameter in order to develop a new stable financial model. The new emerging paradigm increases the demand for innovation, which is the gateway to the knowledge economy. The derivatives are characterized in the Caputo fractional order derivative and Atangana-Baleanu derivative. We prove the existence and uniqueness of the solutions with fixed point theorem and an iterative scheme. The interest rate begins to rise according to initial conditions as investment demand and price exponent begin to fall, which shows the financial system’s actual macroeconomic behavior. Specifically component of its application to the large scale and smaller scale forms, just as the utilization of specific strategies and instruments such fractal stochastic procedures and expectation.