Active Control of a Chaotic Fractional Order Economic System

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 algori...

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Main Authors: Haci Mehmet Baskonus, Toufik Mekkaoui, Zakia Hammouch, Hasan Bulut
Format: Article
Language:English
Published: MDPI AG 2015-08-01
Series:Entropy
Subjects:
Online Access:http://www.mdpi.com/1099-4300/17/8/5771
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author Haci Mehmet Baskonus
Toufik Mekkaoui
Zakia Hammouch
Hasan Bulut
author_facet Haci Mehmet Baskonus
Toufik Mekkaoui
Zakia Hammouch
Hasan Bulut
author_sort Haci Mehmet Baskonus
collection DOAJ
description 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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spelling doaj.art-740f49b8cdc74287b1396e2a244c81f92022-12-22T02:10:39ZengMDPI AGEntropy1099-43002015-08-011785771578310.3390/e17085771e17085771Active Control of a Chaotic Fractional Order Economic SystemHaci Mehmet Baskonus0Toufik Mekkaoui1Zakia Hammouch2Hasan Bulut3Department of Computer Engineering, Faculty of Engineering, University of Tunceli, 62100 Tunceli, TurkeyMI Group, Department of Mathematics, Faculty of Sciences and Techniques of Errachidia, Moulay Ismail University, 52000 Meknes, MoroccoMI Group, Department of Mathematics, Faculty of Sciences and Techniques of Errachidia, Moulay Ismail University, 52000 Meknes, MoroccoDepartment of Mathematics, Faculty of Science, Firat University, 23100 Elazig, TurkeyIn 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.http://www.mdpi.com/1099-4300/17/8/5771fractional-order differential equations (FDEs)chaoseconomic systemactive control
spellingShingle Haci Mehmet Baskonus
Toufik Mekkaoui
Zakia Hammouch
Hasan Bulut
Active Control of a Chaotic Fractional Order Economic System
Entropy
fractional-order differential equations (FDEs)
chaos
economic system
active control
title Active Control of a Chaotic Fractional Order Economic System
title_full Active Control of a Chaotic Fractional Order Economic System
title_fullStr Active Control of a Chaotic Fractional Order Economic System
title_full_unstemmed Active Control of a Chaotic Fractional Order Economic System
title_short Active Control of a Chaotic Fractional Order Economic System
title_sort active control of a chaotic fractional order economic system
topic fractional-order differential equations (FDEs)
chaos
economic system
active control
url http://www.mdpi.com/1099-4300/17/8/5771
work_keys_str_mv AT hacimehmetbaskonus activecontrolofachaoticfractionalordereconomicsystem
AT toufikmekkaoui activecontrolofachaoticfractionalordereconomicsystem
AT zakiahammouch activecontrolofachaoticfractionalordereconomicsystem
AT hasanbulut activecontrolofachaoticfractionalordereconomicsystem