Determining the chaotic behavior in a fractional-order finance system with negative parameters

被引:38
作者
Tacha, O. I. [1 ]
Munoz-Pacheco, J. M. [2 ]
Zambrano-Serrano, E. [2 ]
Stouboulos, I. N. [1 ]
Pham, V. -T. [3 ]
机构
[1] Aristotle Univ Thessaloniki, Lab Nonlinear Syst Circuits & Complex, Dept Phys, Thessaloniki 54124, Greece
[2] Autonomous Univ Puebla, Fac Elect Sci, Ave San Claudio & 18 Sur,Edif FCE2, Puebla 72570, Mexico
[3] Hanoi Univ Sci & Technol, Sch Elect & Telecommun, 01 Dai Co Viet, Hanoi, Vietnam
关键词
Fractional order; Finance system; Double-scroll; Chaos; NONLINEAR DYNAMICS; STABILITY; ATTRACTORS; MEMORY; CRISIS; MODEL;
D O I
10.1007/s11071-018-4425-5
中图分类号
TH [机械、仪表工业];
学科分类号
0802 ;
摘要
A fractional-order finance system with negative values for system's parameters is introduced. Based on an integer-order finance system with two nonlinearities, we discovered chaos in new regions for system's parameters. By selecting negative values for system's parameters, the eigenvalues of the proposed system can be modified to decrease the fractional order as low as 1.74, while the asymptotic stability theorems of the fractional systems are satisfied. Complex dynamic behaviors of the proposed system are also analyzed by interesting nonlinear analysis tools such as bifurcation diagram versus fractional order, Lyapunov spectrum versus fractional order, Kaplan-Yorke dimension versus fractional order and a dissipative analysis versus fractional order. Finally, an electronic circuit was designed to synthesize the fractional finance system with negative values.
引用
收藏
页码:1303 / 1317
页数:15
相关论文
共 39 条
[1]   Equilibrium points, stability and numerical solutions of fractional-order predator-prey and rabies models [J].
Ahmed, E. ;
El-Sayed, A. M. A. ;
El-Saka, H. A. A. .
JOURNAL OF MATHEMATICAL ANALYSIS AND APPLICATIONS, 2007, 325 (01) :542-553
[2]   On some Routh-Hurwitz conditions for fractional order differential equations and their applications in Lorenz, Rossler, Chua and Chen systems [J].
Ahmed, E. ;
El-Sayed, A. M. A. ;
El-Saka, Hala A. A. .
PHYSICS LETTERS A, 2006, 358 (01) :1-4
[3]  
[Anonymous], 2009, COMPLEX SYSTEMS FINA
[4]  
[Anonymous], 2001, APPL FRACTIONAL CALC
[5]  
[Anonymous], 2006, SELF ORG BIOL DYNAMI
[6]   Active Control of a Chaotic Fractional Order Economic System [J].
Baskonus, Haci Mehmet ;
Mekkaoui, Toufik ;
Hammouch, Zakia ;
Bulut, Hasan .
ENTROPY, 2015, 17 (08) :5771-5783
[7]  
Chen G., 1998, From Chaos to Order: Methodologies, Perspectives and Applications
[8]   Nonlinear dynamics and chaos in a fractional-order financial system [J].
Chen, Wei-Ching .
CHAOS SOLITONS & FRACTALS, 2008, 36 (05) :1305-1314
[9]   Long memory of price-volume correlation in metal futures market based on fractal features [J].
Cheng, Hui ;
Huang, Jian-bai ;
Guo, Yao-qi ;
Zhu, Xue-hong .
TRANSACTIONS OF NONFERROUS METALS SOCIETY OF CHINA, 2013, 23 (10) :3145-3152
[10]   Complex economic dynamics: Chaotic saddle, crisis and intermittency [J].
Chian, Abraham C. -L. ;
Rempel, Erico L. ;
Rogers, Colin .
CHAOS SOLITONS & FRACTALS, 2006, 29 (05) :1194-1218