Delay feedback strategy for a fractional-order chaotic financial system
by Changjin Xu
International Journal of Dynamical Systems and Differential Equations (IJDSDE), Vol. 10, No. 6, 2020

Abstract: In this paper, we are concerned with a new fractional incommensurate order financial system which is a generalised version of the financial model investigated in earlier works. Designing a suitable time-delayed feedback controller, we have controlled the chaotic phenomenon of the fractional incommensurate order financial system. By analysing the characteristic equation of the involved financial system and regarding the delay as the bifurcation parameter, we establish a set of new sufficient conditions to guarantee the stability and the existence of Hopf bifurcation for fractional incommensurate order financial system. The study reveals that the delay and the fractional order have an important influence on the stability and Hopf bifurcation of considered financial system. Computer simulations are presented to illustrate the correctness of the theoretical results. The theoretical findings of this paper are new and have important meanings in dealing with the economic and financial problems.

Online publication date: Tue, 02-Feb-2021

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Dynamical Systems and Differential Equations (IJDSDE):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?


Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com