Phase order in one-dimensional piecewise linear discontinuous map

The phase order in a one-dimensional（1 D） piecewise linear discontinuous map is investigated. The striking feature is that the phase order may be ordered or disordered in multi-band chaotic regimes, in contrast to the ordered phase in continuous systems. We carried out an analysis to illuminate the underlying mechanism for the emergence of the disordered phase in multi-band chaotic regimes, and proved that the phase order is sensitive to the density distribution of the trajectories of the attractors. The scaling behavior of the net direction phase at a transition point is observed. The analytical proof of this scaling relation is obtained. Both the numerical and analytical results show that the exponent is 1, which is controlled by the feature of the map independent on whether the system is continuous or discontinuous. It extends the universality of the scaling behavior to systems with discontinuity. The result in this work is important to understanding the property of chaotic motion in discontinuous systems.

Symbolic dynamics of Belykh-type maps

The symbolic dynamics of a Belykh-type map （a two-dimensional discon- tinuous piecewise linear map） is investigated. The admissibility condition for symbol sequences named the pruning front conjecture is proved under a hyperbolicity condition. Using this result, a symbolic dynamics model of the map is constructed according to its pruning front and primary pruned region. Moreover, the boundary of the parameter region in which the map is chaotic of a horseshoe type is given.

The Inherent Law of the Unpredictability of Financial Asset Price Fluctuations: Multistability and Chaos

This paper aims at understanding the price dynamics generated by the interaction of traders relying on heterogeneous expectations in an asset pricing model.In the present work the authors analyze a financial market populated by five types of boundedly rational speculators-two types of fundamentalists,two types of chartists and trend followers which submit buying/selling orders according to different trading rules.The authors formulate a stock market model represented as a 2 dimensional piecewise linear discontinuous map.The proposed contribution to the existing financial literature is two aspects.First,the authors perform study of the model involving a 2 dimensional piecewise linear discontinuous map through a combination of qualitative and quantitative methods.The authors focus on the existence conditions of chaos and the multi-stability regions in parameter plane.Related border collision bifurcation curves and basins of multi-attractors are also given.The authors find that chaos or quasi-period exists only in the case of fixed point being a saddle(regular or flip)and that the coexistence of multiple attractors may exist when the fixed point is an attractor,but it is common for spiral and flip fixed points.