Basic Equations, Theory and Principle of Computational Stock Market (Ⅰ)——Basic Equations

Yun Tianquan

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Yun Tianquan. Basic Equations, Theory and Principle of Computational Stock Market (Ⅰ)——Basic Equations[J]. Applied Mathematics and Mechanics, 1999, 20(2): 145-152.

Citation:

Yun Tianquan. Basic Equations, Theory and Principle of Computational Stock Market (Ⅰ)——Basic Equations[J]. Applied Mathematics and Mechanics, 1999, 20(2): 145-152.

Citation:

Yun Tianquan. Basic Equations, Theory and Principle of Computational Stock Market (Ⅰ)——Basic Equations[J]. Applied Mathematics and Mechanics, 1999, 20(2): 145-152.

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Basic Equations, Theory and Principle of Computational Stock Market (Ⅰ)——Basic Equations

Yun Tianquan

Department of Mechanics, South China University of Technology, Guangzhou 510641, P R China

Received Date: 1997-08-11
Publish Date: 1999-02-15

Abstract

Abstract

This paper studies computational stock market by using network model and similar methodology used in solid mechanics.Four simultaneous basic equations,i.e.,equation of interest rate and amount of circulating fund,equations of purchasing and selling of share,equation of changing rate of share price,and equation of interest rate,share price and its changing rate,have been established.Discussions mainly on the solution and its simple applications of the equation of interest rate and amount of circulating fund are given.The discussions also involve the proof of tending to the equilibrium state of network of stock market based on the time discrete form of the equation by using Banach theorem of contraction mapping,and the influence of amount of circulating fund with exponential attenuation due to the decreasing of banking interest rate.
- stock market,
- network model,
- differential equation,
- contraction mapping,
- elasticity,
- methodology

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References(13)

References

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