2015
DOI: 10.3390/e17085771
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Active Control of a Chaotic Fractional Order Economic System

Abstract: In this paper, a fractional order economic system is studied. An active control technique is applied to control chaos in this system. The stabilization of equilibria is obtained by both theoretical analysis and the simulation result. The numerical simulations, via the improved Adams-Bashforth algorithm, show the effectiveness of the proposed controller.

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Cited by 136 publications
(45 citation statements)
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“…And D α t is the Caputo fractional derivative operators and the definition of fractional derivative as follows (0 ≤ α ≤ 1): [37][38][39][40][41] …”
Section: Mathematical Formulationmentioning
confidence: 99%
“…And D α t is the Caputo fractional derivative operators and the definition of fractional derivative as follows (0 ≤ α ≤ 1): [37][38][39][40][41] …”
Section: Mathematical Formulationmentioning
confidence: 99%
“…It would be interesting, for instance, to investigate possible q-extensions of the nonlinear Schroedinger equations advanced in [34,35]. Another venue of exploration that may be worth pursuing is to investigate q-extensions of nonlinear evolution equations involving fractional derivatives, such as those considered in [36][37][38].…”
Section: ∂S ∂Tmentioning
confidence: 99%
“…Thus, a lot of powerful methods, such as fractional linear multistep methods, variational iteration, galerkin finite element, Sumudu transform, trial equation, Adomian's decomposition, extended trial equation, homotopy analysis, iteration, homotopy perturbation, modified homotopy perturbation, generalized trigonometry functions, homotopy perturbation, Sumudu transform or modified trial equation method, have been presented in literature [2-17, 26-28, 30]. Besides these methods some authors have investigated various properties of fractional concepts [18,19,29,[32][33][34].…”
Section: Introductionmentioning
confidence: 99%