Phenomenon of financial pyramids: nature and design
Authors
Allar Aleksandrovich Anzhu, Vladislav Vladimirovich Pshenichnikov
Corresponding Author
Allar Aleksandrovich Anzhu
Available Online June 2017.
- DOI
- 10.2991/ttiess-17.2017.3How to use a DOI?
- Keywords
- self-similarity; financial literacy; financial pyramid; fractal; fractal tree
- Abstract
The article is dedicated to the study of nature and design of financial pyramids. The mechanism for the appearance and models of financial pyramids, the brief review of their appearance and collapse in the global history and in modern Russia are considered. Fractal geometry is suggested for use as a method of a mathematical description of design of financial pyramids.
- Copyright
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Allar Aleksandrovich Anzhu AU - Vladislav Vladimirovich Pshenichnikov PY - 2017/06 DA - 2017/06 TI - Phenomenon of financial pyramids: nature and design BT - Proceedings of the International Conference on Trends of Technologies and Innovations in Economic and Social Studies 2017 PB - Atlantis Press SP - 13 EP - 19 SN - 2352-5428 UR - https://doi.org/10.2991/ttiess-17.2017.3 DO - 10.2991/ttiess-17.2017.3 ID - Anzhu2017/06 ER -