scholarly journals Chaos Control of a Fractional-Order Financial System

2010 ◽  
Vol 2010 ◽  
pp. 1-18 ◽  
Author(s):  
Mohammed Salah Abd-Elouahab ◽  
Nasr-Eddine Hamri ◽  
Junwei Wang

Fractional-order financial system introduced by W.-C. Chen (2008) displays chaotic motions at order less than 3. In this paper we have extended the nonlinear feedback control in ODE systems to fractional-order systems, in order to eliminate the chaotic behavior. The results are proved analytically by applying the Lyapunov linearization method and stability condition for fractional system. Moreover numerical simulations are shown to verify the effectiveness of the proposed control scheme.

2012 ◽  
Vol 2012 ◽  
pp. 1-16 ◽  
Author(s):  
Sachin Bhalekar

The present paper deals with fractional-order version of a dynamical system introduced by Chongxin et al. (2006). The chaotic behavior of the system is studied using analytic and numerical methods. The minimum effective dimension is identified for chaos to exist. The chaos in the proposed system is controlled using simple linear feedback controller. We design a controller to place the eigenvalues of the system Jacobian in a stable region. The effectiveness of the controller in eliminating the chaotic behavior from the state trajectories is also demonstrated using numerical simulations. Furthermore, we synchronize the system using nonlinear feedback.


2021 ◽  
Vol 5 (4) ◽  
pp. 257
Author(s):  
Changjin Xu ◽  
Maoxin Liao ◽  
Peiluan Li ◽  
Lingyun Yao ◽  
Qiwen Qin ◽  
...  

In this study, we propose a novel fractional-order Jerk system. Experiments show that, under some suitable parameters, the fractional-order Jerk system displays a chaotic phenomenon. In order to suppress the chaotic behavior of the fractional-order Jerk system, we design two control strategies. Firstly, we design an appropriate time delay feedback controller to suppress the chaos of the fractional-order Jerk system. The delay-independent stability and bifurcation conditions are established. Secondly, we design a suitable mixed controller, which includes a time delay feedback controller and a fractional-order PDσ controller, to eliminate the chaos of the fractional-order Jerk system. The sufficient condition ensuring the stability and the creation of Hopf bifurcation for the fractional-order controlled Jerk system is derived. Finally, computer simulations are executed to verify the feasibility of the designed controllers. The derived results of this study are absolutely new and possess potential application value in controlling chaos in physics. Moreover, the research approach also enriches the chaos control theory of fractional-order dynamical system.


Complexity ◽  
2019 ◽  
Vol 2019 ◽  
pp. 1-15 ◽  
Author(s):  
Changjin Xu ◽  
Peiluan Li ◽  
Maoxin Liao ◽  
Zixin Liu ◽  
Qimei Xiao ◽  
...  

In this paper, based on the earlier research, a new fractional-order chaotic Genesio-Tesi model is established. The chaotic phenomenon of the fractional-order chaotic Genesio-Tesi model is controlled by designing two suitable time-delayed feedback controllers. With the aid of Laplace transform, we obtain the characteristic equation of the controlled chaotic Genesio-Tesi model. Then by regarding the time delay as the bifurcation parameter and analyzing the characteristic equation, some new sufficient criteria to guarantee the stability and the existence of Hopf bifurcation for the controlled fractional-order chaotic Genesio-Tesi model are derived. The research shows that when time delay remains in some interval, the equilibrium point of the controlled chaotic Genesio-Tesi model is stable and a Hopf bifurcation will happen when the time delay crosses a critical value. The effect of the time delay on the stability and the existence of Hopf bifurcation for the controlled fractional-order chaotic Genesio-Tesi model is shown. At last, computer simulations check the rationalization of the obtained theoretical prediction. The derived key results in this paper play an important role in controlling the chaotic behavior of many other differential chaotic systems.


2013 ◽  
Vol 2013 ◽  
pp. 1-6
Author(s):  
Huijian Zhu

This paper deals with the problem of determining the conditions under which fractional order Rössler toroidal system can give rise to chaotic behavior. Based on the harmonic balance method, four detailed steps are presented for predicting the existence and the location of chaotic motions. Numerical simulations are performed to verify the theoretical analysis by straightforward computations.


2016 ◽  
Vol 27 (04) ◽  
pp. 1650040 ◽  
Author(s):  
Ricardo Aguilar-López ◽  
Pablo A. López-Pérez ◽  
Gerardo Lara-Cisneros ◽  
Ricardo Femat

In this paper, a robust nonlinear feedback control scheme with adaptive gain is proposed to control the chaotic behavior in a Bose–Einstein condensate (BEC). The control goal concerns the track or regulation purposes. The BEC system is represented as stochastic ordinary differential equations with measured output perturbed by Gaussian noise, which represents the nature of the quantum systems. The convergence of the BEC control law is analyzed under the frame of the Lyapunov stability theory. Numerical experiments show an adequate performance of the proposed methodology under the required conditions. The results are applicable when the shape of the condensate is sufficiently simple.


Complexity ◽  
2018 ◽  
Vol 2018 ◽  
pp. 1-14 ◽  
Author(s):  
A. Al-khedhairi ◽  
S. S. Askar ◽  
A. E. Matouk ◽  
A. Elsadany ◽  
M. Ghazel

This paper demonstrates dynamics, chaos control, and synchronization in Samardzija-Greller population model with fractional order between zero and two. The fractional-order case is shown to exhibit rich variety of nonlinear dynamics. Lyapunov exponents are calculated to confirm the existence of wide range of chaotic dynamics in this system. Chaos control in this model is achieved via a novel linear control technique with the fractional order lying in (1, 2). Moreover, a linear feedback control method is used to control the fractional-order model to its steady states when 0<α<2. In addition, the obtained results illustrate the role of fractional parameter on controlling chaos in this model. Furthermore, nonlinear feedback synchronization scheme is also employed to illustrate that the fractional parameter has a stabilizing role on the synchronization process in this system. The analytical results are confirmed by numerical simulations.


Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-15
Author(s):  
Paul Yaovi Dousseh ◽  
Cyrille Ainamon ◽  
Clément Hodévèwan Miwadinou ◽  
Adjimon Vincent Monwanou ◽  
Jean Bio Chabi Orou

In this paper, the dynamical behaviors and chaos control of a fractional-order financial system are discussed. The lowest fractional order found from which the system generates chaos is 2.49 for the commensurate order case and 2.13 for the incommensurate order case. Also, period-doubling route to chaos was found in this system. The results of this study were validated by the existence of a positive Lyapunov exponent. Besides, in order to control chaos in this fractional-order financial system with uncertain dynamics, a sliding mode controller is derived. The proposed controller stabilizes the commensurate and incommensurate fractional-order systems. Numerical simulations are carried out to verify the analytical results.


2021 ◽  
Vol 14 (06) ◽  
pp. 372-389
Author(s):  
P. Y. Dousseh ◽  
C. Ainamon ◽  
C. H. Miwadinou ◽  
A. V. Monwanou ◽  
J. B. Chabi-Orou

Complexity ◽  
2019 ◽  
Vol 2019 ◽  
pp. 1-11 ◽  
Author(s):  
Runzi Luo ◽  
Meichun Huang ◽  
Haipeng Su

This paper investigates the control and synchronization of a class of 3-D uncertain fractional-order chaotic systems with external disturbances. The adding one power integrator control scheme, which is the generalization of the traditional backstepping method, is used to investigate the global stability of the control and synchronization manifold. As a result, several criteria for chaos control and synchronization are obtained. Compared with the previous results, the presented strategies can not only be applied to a class of strict-feedback systems but also be applied to more general class of fractional-order chaotic systems. In addition, the proposed controllers are robust against uncertain parameters and external disturbances. To validate the effectiveness of the proposed criteria, two illustrative examples are given.


Sign in / Sign up

Export Citation Format

Share Document