Vol. 9, No 1, 2012 pp. 67 - 80
UDC 311.21
STATISTICAL INTERPRETATION AND APPLICATION OF CHAOTIC MODELS IN THE ANALYSIS OF FINANCIAL MARKETS DYNAMICS
Vladica Stojanović1, Milan Božinović2, Predrag Mitrović3
1Faculty of Sciences and Mathematics, University of Priština (in K. Mitrovica), Serbia
vlast70@gmail.com
2Faculty of Economics, University of Priština (in K. Mitrovica), Serbia
3UniCredit bank Serbia JSC, Serbia
In this paper we will expose various aspects of statistical investigation and application of the nonlinear dynamical models of chaotic type. Firstly, using the formal-deductive method, we will present the definitions of some of the important classes of these models. Then we will describe the practical application of chaotic models in the investigations of dynamics in the Serbian financial market.
Key Words: models of dynamical chaos, parameters estimation, models application
STATISTIČKA INTERPRETACIJA I PRIMENA MODELA HAOSA U ANALIZI DINAMIKE FINANSIJSKOG TRŽIŠTA
U ovom radu izložićemo različite aspekte u statističkom istraživanju i primeni nelinearnih dinamičkih modela tipa haosa. Najpre, koristeći formalno-deduktivan pristup, daćemo jednu od mogućih definicija i neke važnije klase ovih modela. Zatim ćemo opisati praktičnu primenu modela haosa u ispitivanju dinamike domaćeg finansijskog tržišta.
Ključne reči: modeli dinamičkog haosa, ocene parametara, primena modela
