The Impact of Energy Dissipation to the Stability in Financial System

Yikui Qiu

doi:doi:10.11648/j.ijefm.20140201.22

| Peer-Reviewed

The Impact of Energy Dissipation to the Stability in Financial System

Yikui Qiu

Published in International Journal of Economics, Finance and Management Sciences (Volume 2, Issue 1)

Received: 26 January 2014 Published: 28 February 2014

Views: Downloads:

Download PDF

Share This Article

Twitter
Linked In
Facebook

Abstract

Financial system has a characteristic of dissipative structure theory. In the nonlinear motion process, financial system is extremely easy to produce energy dissipation, which would lead to the emergence of system instability. In this paper, the dissipative structure characteristic of financial system would be analyzed in the first, and the energy function of financial system would be given. Then the energy dissipation and the energy exchange in financial system would be studied. At last, the influence of energy dissipation to system stability would be given. Financial system instability is related to the total entropy and the impact resistance ability of system. We can control system stability by these two factors. The research is importance to the study of financial stability theory and the control of financial system stability.

Published in	International Journal of Economics, Finance and Management Sciences (Volume 2, Issue 1)
DOI	10.11648/j.ijefm.20140201.22
Page(s)	111-116
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2014. Published by Science Publishing Group

Keywords

Dissipative Structure, Energy Dissipation, System Stability, Financial System

References

[1]	George C. Philippatos, Gharles J. Wilson. (1972). Entropy, marker risk, and the selection of efficient portfolios, Applied Economics, Issu 4, pp. 209-220.
[2]	Maasoumi E., Theil H.(1979). The elect of the shape of the income distribution on two inequality measures, Economics Letters, Issu 4, pp. 289-291.
[3]	Chandra M. T., Singpurwalla N. D.(1981). Relationships between some notions which are common to reliability theory and economics, Mathematics of Operations Research, Issue 6, pp. 113-121.
[4]	Andreia Dionisio, Rui Menezes, Diana A M.(2005). Uncertainty analysis in financial markets: can entropy be a solution? pp. 8.
[5]	Xuguang Nan.(2005). The dynamic mechanism of financial fragility: financial entropy and institutional change, Journal of Chongqing Radio & TV University, China, Vol. 17 , Issue 2, pp. 42-44.
[6]	Lifa Hu.(2009). The dissipative structure of virtual economy system and the financial crisis in America, Modern economic research, China, Issue. 3, pp. 40-44.
[7]	Meng Xu. (2011). The study on financial crisis analyzed by dissipative structure theory, The economy of division, Issue. 3, pp. 42-44.
[8]	Xukai Huang. (2012). Financial fragility, financial innovation, financial risk and financial crisis -- Analysis financial instability based on the entropy theory, China securities and futures, Issue. 6, pp. 207-208.
[9]	I. Prigogine. (1980). The complexity evolution and the natural law, The problem of the philosophy of natural science, pp. 3.
[10]	C. Sarasola, F. J. Torrealdea, A. d’Anjou, A. Moujahid, M. Graňa. (2004). Energy balance in feedback synchronization of chaotic systems. Phys. Rev. E, Issue. 69: 011606.
[11]	C. Sarasola, A. d’Anjou, F. J. Torrealdea, A. Moujahid.(2005). Energy-like functions for some dissipative chaotic systems. Int. J. Bifurcation Chaos Appl. Sci. Eng., Issue. 15, pp. 2507.
[12]	W. K. H. Panofsky, M. Phillips. (1962). Classical electricity and magnetism (Addison-Wesley series in physics). MA: Addison-Wesley, Reading.

Cite This Article

Plain Text BibTeX RIS

APA Style

Yikui Qiu. (2014). The Impact of Energy Dissipation to the Stability in Financial System. International Journal of Economics, Finance and Management Sciences, 2(1), 111-116. https://doi.org/10.11648/j.ijefm.20140201.22

Copy | Download

ACS Style

Yikui Qiu. The Impact of Energy Dissipation to the Stability in Financial System. Int. J. Econ. Finance Manag. Sci. 2014, 2(1), 111-116. doi: 10.11648/j.ijefm.20140201.22

Copy | Download

AMA Style

Yikui Qiu. The Impact of Energy Dissipation to the Stability in Financial System. Int J Econ Finance Manag Sci. 2014;2(1):111-116. doi: 10.11648/j.ijefm.20140201.22

Copy | Download

@article{10.11648/j.ijefm.20140201.22,
  author = {Yikui Qiu},
  title = {The Impact of Energy Dissipation to the Stability in Financial System},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {2},
  number = {1},
  pages = {111-116},
  doi = {10.11648/j.ijefm.20140201.22},
  url = {https://doi.org/10.11648/j.ijefm.20140201.22},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20140201.22},
  abstract = {Financial system has a characteristic of dissipative structure theory. In the nonlinear motion process, financial system is extremely easy to produce energy dissipation, which would lead to the emergence of system instability. In this paper, the dissipative structure characteristic of financial system would be analyzed in the first, and the energy function of financial system would be given. Then the energy dissipation and the energy exchange in financial system would be studied. At last, the influence of energy dissipation to system stability would be given. Financial system instability is related to the total entropy and the impact resistance ability of system. We can control system stability by these two factors. The research is importance to the study of financial stability theory and the control of financial system stability.},
 year = {2014}
}

Copy | Download

TY  - JOUR
T1  - The Impact of Energy Dissipation to the Stability in Financial System
AU  - Yikui Qiu
Y1  - 2014/02/28
PY  - 2014
N1  - https://doi.org/10.11648/j.ijefm.20140201.22
DO  - 10.11648/j.ijefm.20140201.22
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 111
EP  - 116
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20140201.22
AB  - Financial system has a characteristic of dissipative structure theory. In the nonlinear motion process, financial system is extremely easy to produce energy dissipation, which would lead to the emergence of system instability. In this paper, the dissipative structure characteristic of financial system would be analyzed in the first, and the energy function of financial system would be given. Then the energy dissipation and the energy exchange in financial system would be studied. At last, the influence of energy dissipation to system stability would be given. Financial system instability is related to the total entropy and the impact resistance ability of system. We can control system stability by these two factors. The research is importance to the study of financial stability theory and the control of financial system stability.
VL  - 2
IS  - 1
ER  -

Copy | Download

Author Information

Yikui Qiu

School of Finance, Central University of Finance and Economics, Beijing, China

Download PDF

Sections

Plain Text BibTeX RIS

APA Style

Yikui Qiu. (2014). The Impact of Energy Dissipation to the Stability in Financial System. International Journal of Economics, Finance and Management Sciences, 2(1), 111-116. https://doi.org/10.11648/j.ijefm.20140201.22

Copy | Download

ACS Style

Yikui Qiu. The Impact of Energy Dissipation to the Stability in Financial System. Int. J. Econ. Finance Manag. Sci. 2014, 2(1), 111-116. doi: 10.11648/j.ijefm.20140201.22

Copy | Download

AMA Style

Yikui Qiu. The Impact of Energy Dissipation to the Stability in Financial System. Int J Econ Finance Manag Sci. 2014;2(1):111-116. doi: 10.11648/j.ijefm.20140201.22

Copy | Download

@article{10.11648/j.ijefm.20140201.22,
  author = {Yikui Qiu},
  title = {The Impact of Energy Dissipation to the Stability in Financial System},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {2},
  number = {1},
  pages = {111-116},
  doi = {10.11648/j.ijefm.20140201.22},
  url = {https://doi.org/10.11648/j.ijefm.20140201.22},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20140201.22},
  abstract = {Financial system has a characteristic of dissipative structure theory. In the nonlinear motion process, financial system is extremely easy to produce energy dissipation, which would lead to the emergence of system instability. In this paper, the dissipative structure characteristic of financial system would be analyzed in the first, and the energy function of financial system would be given. Then the energy dissipation and the energy exchange in financial system would be studied. At last, the influence of energy dissipation to system stability would be given. Financial system instability is related to the total entropy and the impact resistance ability of system. We can control system stability by these two factors. The research is importance to the study of financial stability theory and the control of financial system stability.},
 year = {2014}
}

Copy | Download

TY  - JOUR
T1  - The Impact of Energy Dissipation to the Stability in Financial System
AU  - Yikui Qiu
Y1  - 2014/02/28
PY  - 2014
N1  - https://doi.org/10.11648/j.ijefm.20140201.22
DO  - 10.11648/j.ijefm.20140201.22
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 111
EP  - 116
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20140201.22
AB  - Financial system has a characteristic of dissipative structure theory. In the nonlinear motion process, financial system is extremely easy to produce energy dissipation, which would lead to the emergence of system instability. In this paper, the dissipative structure characteristic of financial system would be analyzed in the first, and the energy function of financial system would be given. Then the energy dissipation and the energy exchange in financial system would be studied. At last, the influence of energy dissipation to system stability would be given. Financial system instability is related to the total entropy and the impact resistance ability of system. We can control system stability by these two factors. The research is importance to the study of financial stability theory and the control of financial system stability.
VL  - 2
IS  - 1
ER  -

Copy | Download