The goal of this paper is to propose a mathematical model of management that enables real economic operators to take active action in the financial system, by adopting Game Theory and some of its dynamical aspects. Specifically, we study different dynamical interactions - in presence of a financial transaction tax - between a real economic operator hedging the currency risk, called Enterprise, and a bank performing speculative transactions, called Bank. At this purpose, we study the dynamical evolution of the model by pointing out two different fractal-like trajectories, determined by repeating our initial model every year, in which both players obtain increasing gains every year.
Dynamical Stabilization of Currency Market with Fractal-like Trajectories
CARFI', David;
2014-01-01
Abstract
The goal of this paper is to propose a mathematical model of management that enables real economic operators to take active action in the financial system, by adopting Game Theory and some of its dynamical aspects. Specifically, we study different dynamical interactions - in presence of a financial transaction tax - between a real economic operator hedging the currency risk, called Enterprise, and a bank performing speculative transactions, called Bank. At this purpose, we study the dynamical evolution of the model by pointing out two different fractal-like trajectories, determined by repeating our initial model every year, in which both players obtain increasing gains every year.Pubblicazioni consigliate
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