Finite-Time Impulsive Control of Financial Risk Dynamic System with Chaotic Characteristics

Author:

Ziyan Li1ORCID,Ke Tao2,Qing Xia3ORCID,Chengrong Xie4,Yuhua Xu2

Affiliation:

1. School of Politics and Public Administration, Soochow University, Suzhou 215000, China

2. School of Finance, Nanjing Audit University, Nanjing 211815, Jiangsu, China

3. School of Economics, Wuhan Donghu University, Wuhan 430212, China

4. School of Statistics and Mathematics, Nanjing Audit University, Nanjing 211815, Jiangsu, China

Abstract

The control of financial risk has always been one of the important topics in financial research. Based on the theory of finance, this paper proposes a kind of financial risk dynamic system. By analyzing some properties of the dynamic system, the system shows obvious coexisting chaotic oscillations. In order to control the financial risk dynamic system effectively, this paper proposes a finite-time impulse controller to control the financial risk dynamic system. Simulation results show that the finite-time impulse controller has faster convergence speed than the impulse controller.

Funder

National Natural Science Foundation of China

Publisher

Hindawi Limited

Subject

Multidisciplinary,General Computer Science

Reference35 articles.

1. Dynamic Evolution Analysis of Stock Price Fluctuation and Its Control

2. Chaos in economic models with exogenous shocks

3. OGY chaos control strategy for real estate investment bubble;J. Liu;Systems Engineering,2002

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