It is possible to make specific finance systems get synchronized to other finance systems exhibiting chaotic and hyperchaotic dynamics, by applying nonlinear optimal (H-infinity) control. This signifies that chaotic behavior can be generated in finance systems by exerting a suitable control input. Actually, a lead financial system is considered which exhibits inherently chaotic dynamics. Moreover, a follower finance system is introduced having parameters in its model that inherently prohibit the appearance of chaotic dynamics. Through the application of a suitable nonlinear optimal (H-infinity) control input it is proven that the follower finance system can replicate the chaotic dynamics of the lead finance system. By applying Lyapunov analysis it is proven that asymptotically the follower finance system gets synchronized with the lead system and that the tracking error between the state variables of the two systems vanishes.

Nonlinear optimal control for the synchronization of chaotic and hyperchaotic finance systems

Siano, P.;Loia, V.;
2017

Abstract

It is possible to make specific finance systems get synchronized to other finance systems exhibiting chaotic and hyperchaotic dynamics, by applying nonlinear optimal (H-infinity) control. This signifies that chaotic behavior can be generated in finance systems by exerting a suitable control input. Actually, a lead financial system is considered which exhibits inherently chaotic dynamics. Moreover, a follower finance system is introduced having parameters in its model that inherently prohibit the appearance of chaotic dynamics. Through the application of a suitable nonlinear optimal (H-infinity) control input it is proven that the follower finance system can replicate the chaotic dynamics of the lead finance system. By applying Lyapunov analysis it is proven that asymptotically the follower finance system gets synchronized with the lead system and that the tracking error between the state variables of the two systems vanishes.
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11386/4704396
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