AbstractThis paper is concerned about the impulsive control of a class of novel nonlinear fractional-order financial system with time-delay. Considering the variation of every states in the fractional-order financial system in the real world has certain delay for various reasons, thus we add corresponding delay on every state variable. Different from the traditional method of stability judgment, we choose two dimensions of time and space to analyze, which makes the process more accurate. In addition, the sufficient condition of the stability criterion for the fractional-order financial system based on impulsive control is derived. Moreover, the impulsive control can not only make the fractional-order financial system stable in different time delay but also in the different fractional operator. Consequently, the impulsive control has generality, universality and strong applicability. In the end, some numerical simulation examples are provided to verify the effectiveness and the benefit of the proposed method.
Analysis of nonlinear dynamics and chaos in a fractional order financial system with time delay
