Proceedings of the International Conference on Trends of Technologies and Innovations in Economic and Social Studies 2017

Phenomenon of financial pyramids: nature and design

Authors
Allar Aleksandrovich Anzhu, Vladislav Vladimirovich Pshenichnikov
Corresponding Author
Allar Aleksandrovich Anzhu
Available Online June 2017.
DOI
https://doi.org/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.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Proceedings
Part of series
Advances in Economics, Business and Management Research
Publication Date
June 2017
ISBN
978-94-6252-408-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/ttiess-17.2017.3How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

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
PB  - Atlantis Press
SP  - 13
EP  - 19
SN  - 2352-5428
UR  - https://doi.org/10.2991/ttiess-17.2017.3
DO  - https://doi.org/10.2991/ttiess-17.2017.3
ID  - Anzhu2017/06
ER  -