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

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....

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Main Authors: Li Ziyan, Tao Ke, Xia Qing, Xie Chengrong, Xu Yuhua
Format: Article
Language:English
Published: Wiley 2021-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2021/5207154
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author Li Ziyan
Tao Ke
Xia Qing
Xie Chengrong
Xu Yuhua
author_facet Li Ziyan
Tao Ke
Xia Qing
Xie Chengrong
Xu Yuhua
author_sort Li Ziyan
collection DOAJ
description 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.
format Article
id doaj-art-89f5c61d8bb146ec82f679015d41d8dd
institution Kabale University
issn 1076-2787
1099-0526
language English
publishDate 2021-01-01
publisher Wiley
record_format Article
series Complexity
spelling doaj-art-89f5c61d8bb146ec82f679015d41d8dd2025-02-03T06:12:49ZengWileyComplexity1076-27871099-05262021-01-01202110.1155/2021/52071545207154Finite-Time Impulsive Control of Financial Risk Dynamic System with Chaotic CharacteristicsLi Ziyan0Tao Ke1Xia Qing2Xie Chengrong3Xu Yuhua4School of Politics and Public Administration, Soochow University, Suzhou 215000, ChinaSchool of Finance, Nanjing Audit University, Nanjing 211815, Jiangsu, ChinaSchool of Economics, Wuhan Donghu University, Wuhan 430212, ChinaSchool of Statistics and Mathematics, Nanjing Audit University, Nanjing 211815, Jiangsu, ChinaSchool of Finance, Nanjing Audit University, Nanjing 211815, Jiangsu, ChinaThe 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.http://dx.doi.org/10.1155/2021/5207154
spellingShingle Li Ziyan
Tao Ke
Xia Qing
Xie Chengrong
Xu Yuhua
Finite-Time Impulsive Control of Financial Risk Dynamic System with Chaotic Characteristics
Complexity
title Finite-Time Impulsive Control of Financial Risk Dynamic System with Chaotic Characteristics
title_full Finite-Time Impulsive Control of Financial Risk Dynamic System with Chaotic Characteristics
title_fullStr Finite-Time Impulsive Control of Financial Risk Dynamic System with Chaotic Characteristics
title_full_unstemmed Finite-Time Impulsive Control of Financial Risk Dynamic System with Chaotic Characteristics
title_short Finite-Time Impulsive Control of Financial Risk Dynamic System with Chaotic Characteristics
title_sort finite time impulsive control of financial risk dynamic system with chaotic characteristics
url http://dx.doi.org/10.1155/2021/5207154
work_keys_str_mv AT liziyan finitetimeimpulsivecontroloffinancialriskdynamicsystemwithchaoticcharacteristics
AT taoke finitetimeimpulsivecontroloffinancialriskdynamicsystemwithchaoticcharacteristics
AT xiaqing finitetimeimpulsivecontroloffinancialriskdynamicsystemwithchaoticcharacteristics
AT xiechengrong finitetimeimpulsivecontroloffinancialriskdynamicsystemwithchaoticcharacteristics
AT xuyuhua finitetimeimpulsivecontroloffinancialriskdynamicsystemwithchaoticcharacteristics