Applied Mathematics and Mechanics (English Edition) ›› 1999, Vol. 19 ›› Issue (2): 154-162.

• 论文 • 上一篇    下一篇

BASIC EQUATIONS, THEORY AND PRINCIPLE OF COMPUTATIONAL STOCK MARKET (Ⅰ)——BASIC EQUATIONS

云天铨   

  1. Department of Mechanics, South China University of Technology, Guangzhou 510641, P. R. China
  • 收稿日期:1997-08-11 出版日期:1999-02-18 发布日期:1999-02-18

BASIC EQUATIONS, THEORY AND PRINCIPLE OF COMPUTATIONAL STOCK MARKET (Ⅰ)——BASIC EQUATIONS

Yun Tianquan   

  1. Department of Mechanics, South China University of Technology, Guangzhou 510641, P. R. China
  • Received:1997-08-11 Online:1999-02-18 Published:1999-02-18

摘要: 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 fond, 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 fond 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 fond with exponential attenuation due to the decreasing of banking interest rate.Keyworks:stock market; network model; differential equation; contraction mapping; elasticity; methodology

关键词: stock market, network model, differential equation, contraction mapping, elasticity, methodology

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 fond, 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 fond 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 fond with exponential attenuation due to the decreasing of banking interest rate.Keyworks:stock market; network model; differential equation; contraction mapping; elasticity; methodology

Key words: stock market, network model, differential equation, contraction mapping, elasticity, methodology

APS Journals | CSTAM Journals | AMS Journals | EMS Journals | ASME Journals