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Abc-Modell eines Ponzi-Systems
[Abc-model of a Ponzi system]

Author

Listed:
  • Parodi, Bernhard R.

Abstract

Ein analytisches Modell mit acht Parametern zur Beschreibung idealisierter Ponzi-Systeme mit asymmetrisch und progressiv wachsenden Kapitalzu- und -abflüssen wird präsentiert. Investoren bleiben optional zeitlich begrenzt oder dauerhaft investiert. Diverse Systemvarianten inklusive deren Nicht-Ponzi-Spiel-Bedingungen ergeben sich durch Modifikation der Auszahlungsfunktion. Das zugrunde liegende deterministische abc-Modell rekursiver Zeitreihen nutzt einen etablierten Ansatz zur Beschreibung einfacher wirtschaftsmathematischer Standardprozesse.

Suggested Citation

  • Parodi, Bernhard R., 2013. "Abc-Modell eines Ponzi-Systems [Abc-model of a Ponzi system]," MPRA Paper 45083, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:45083
    as

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    File URL: https://mpra.ub.uni-muenchen.de/45083/1/MPRA_paper_45083.pdf
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    References listed on IDEAS

    as
    1. Artzrouni, Marc, 2009. "The mathematics of Ponzi schemes," Mathematical Social Sciences, Elsevier, vol. 58(2), pages 190-201, September.
    2. Garber, Peter M, 1990. "Famous First Bubbles," Journal of Economic Perspectives, American Economic Association, vol. 4(2), pages 35-54, Spring.
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    Cited by:

    1. Parodi, Bernhard R., 2014. "A Ponzi scheme exposed to volatile markets," MPRA Paper 60584, University Library of Munich, Germany.

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    More about this item

    Keywords

    Ponzi System; Differenzengleichung; Finanzmathematik;
    All these keywords.

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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