Dynamics Analysis and Adaptive Synchronization of a Class of Fractional-Order Chaotic Financial Systems

It is of practical significance to realize a stable and controllable financial system by using chaotic synchronization theory. In this paper, the dynamics and synchronization are studied for a class of fractional-order chaotic financial systems. First, the stability and dynamics of the fractional-order chaotic financial system are analyzed by using the phase trajectory diagram, time series diagram, bifurcation diagram, and Lyapunov exponential diagram. Meanwhile, we obtain the range of each parameter that puts the system in a periodic state, and we also reveal the relationship of the derivative order and the chaotic behaviors. Then, the adaptive control strategy is designed to achieve synchronization of the chaotic financial system. Finally, the theoretical results and control method are verified by numerical simulations.

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Publication Details

Journal
Fractal and Fractional
Published
2024-09-27
DOI
https://doi.org/10.3390/fractalfract8100562
Citations
4
Primary Topic
Chaos control and synchronization
Type
article
Field-Weighted Citation Impact
1.12

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Controls
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article

Dynamics Analysis and Adaptive Synchronization of a Class of Fractional-Order Chaotic Financial Systems

Panhong Zhang, Qingyi Wang
4 citations
Fractal and Fractional
Chaos control and synchronization
1.12
article

Dynamics Analysis and Adaptive Synchronization of a Class of Fractional-Order Chaotic Financial Systems

Panhong Zhang, Qingyi Wang
article en
4 citations

Abstract

It is of practical significance to realize a stable and controllable financial system by using chaotic synchronization theory. In this paper, the dynamics and synchronization are studied for a class of fractional-order chaotic financial systems. First, the stability and dynamics of the fractional-order chaotic financial system are analyzed by using the phase trajectory diagram, time series diagram, bifurcation diagram, and Lyapunov exponential diagram. Meanwhile, we obtain the range of each parameter that puts the system in a periodic state, and we also reveal the relationship of the derivative order and the chaotic behaviors. Then, the adaptive control strategy is designed to achieve synchronization of the chaotic financial system. Finally, the theoretical results and control method are verified by numerical simulations.

Fractal and FractionalVol. 8(10)
China University of Geosciences (CN), Hubei University Of Economics (CN)
Fundamental Research Funds for the Central Universities
Openalex Percentile: Top 23%
Chaos control and synchronization
1.12
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Dynamics Analysis and Adaptive Synchronization of a Class of Fractional-Order Chaotic Financial Systems — Panhong Zhang, Qingyi Wang · Fractal and Fractional (2024) | TGRS Research Map | TGRS