Complexity (Jan 2021)

Corrigendum to “Chaos in a Financial System with Fractional Order and Its Control via Sliding Mode”

  • Paul Yaovi Dousseh,
  • Cyrille Ainamon,
  • Clément Hodévèwan Miwadinou,
  • Adjimon Vincent Monwanou,
  • Jean Bio Chabi Orou

DOI
https://doi.org/10.1155/2021/9789470
Journal volume & issue
Vol. 2021

Abstract

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In this paper, the dynamical behaviors and chaos control of a fractional-order financial system are discussed. The lowest fractional order found from which the system generates chaos is 2.49 for the commensurate order case and 2.57 for the incommensurate order case. Also, the period-doubling route to chaos was found in this system. The results of this study were validated by the existence of a positive Lyapunov exponent. Besides, in order to control chaos in this fractional-order financial system with uncertain dynamics, a sliding mode controller is derived. The proposed controller stabilizes the commensurate and incommensurate fractional-order systems. Numerical simulations are carried out to verify the analytical results.