Applications of Theories of Compelexity and Chaos to Gold Prices
Applications of Theories of Compelexity and Chaos to Gold Prices
Author(s): Hikmet Nazan ÇağlarSubject(s): Methodology and research technology, Policy, planning, forecast and speculation, Financial Markets
Published by: Kafkas Üniversitesi Sağlık, Kültür ve Spor Daire Başkanlığı Dijital Baskı Merkezi
Keywords: Chaos Theory; Gold Prices; Complexity; Forecasting; Non-Linear Dynamic Systems;
Summary/Abstract: Chaos theory is considered as a new subject in understanding non linear system’s dynamic behaviours. Chaos theorem is used in several fields such as mathematics, physics, chemistry as well as in finance and economics sector. Although, there is a enourmous demand for gold, gold prices are volatile because of different reasons. This volatility chould be reduced by chaos theory. Also, the aim is to show whether gold prices data shows any chaotic behavior or not.
Journal: Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
- Issue Year: 9/2018
- Issue No: 17
- Page Range: 181-190
- Page Count: 10
- Language: English
