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PDϑControl Strategy for a Fractional-Order Chaotic Financial Model
- Source :
- Complexity. 2019:1-14
- Publication Year :
- 2019
- Publisher :
- Hindawi Limited, 2019.
-
Abstract
- In this article, based on the previous works, a new fractional-order financial model is put up. The chaotic behavior of the fractional-order financial model is suppressed by designing an appropriatePDϑcontroller. By choosing the delay as the bifurcation parameter, we establish the sufficient condition to guarantee the stability and the existence of Hopf bifurcation of fractional-order financial model. Also, the influence of the delay and the fractional order on the stability and the existence of Hopf bifurcation of fractional-order financial model is revealed. An example is given to confirm the effectiveness of the analysis results. The main findings of this article play an important role in maintaining economic stability.
- Subjects :
- Hopf bifurcation
Multidisciplinary
General Computer Science
Computer science
010102 general mathematics
Chaotic
Stability (learning theory)
01 natural sciences
010101 applied mathematics
symbols.namesake
Control theory
Order (exchange)
symbols
Financial modeling
0101 mathematics
Economic stability
Bifurcation
Subjects
Details
- ISSN :
- 10990526 and 10762787
- Volume :
- 2019
- Database :
- OpenAIRE
- Journal :
- Complexity
- Accession number :
- edsair.doi...........ee9c29e4d4d5a5cafdf08b7f64da6a75
- Full Text :
- https://doi.org/10.1155/2019/2989204