COGNITION ON FINANCIAL DEVELOPMENT AND URBANIZATION FROM THE PERSPECTIVE OF COMPLEX SYSTEM
Journal Title: Academic Research International - Year 2017, Vol 8, Issue 1
Abstract
This paper analyzes the financial development system and urbanization system from the perspective of complex system. The results show that in the complex system of financial development and urbanization, the characteristics of tagging, internal model, block and aggregation, non-linearity, flow and diversity constitute the stimulus-response mechanism on which the agents relies on the behavioral way. Financial development system and urbanization system are multi-agent complex system, in which formal financial institution is the most important agent of financial development system. The residents of the urbanization system are the most important agent. The financial development system and the urbanization system have obvious function and level. According to these characteristics, the two systems are divided into support subsystem, balance subsystem and dynamic subsystem respectively.
Authors and Affiliations
Yuzhong Sun
Keywords
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