Anticontrol of Hopf Bifurcation and Control of Chaos for a Finance System through Washout Filters with Time Delay. (3rd April 2014)

• Record Type: Journal Article
• Authors: Zhao, Huitao; Lu, Mengxia; Zuo, Junmei
• Other Names: Han M. Academic Editor.; Xia Y. Academic Editor.
• Is Part Of: TheScientificWorldjournal. Volume 2014(2014)
• Publication Date: 2014-04-03
• Subjects: Science -- Periodicals; Technology -- Periodicals; Medicine -- Periodicals; 505
• DOI: 10.1155/2014/983034
• Languages: English
• ISSNs: 2356-6140

Abstract

Abstract : A controlled model for a financial system through washout-filter-aided dynamical feedback control laws is developed, the problem of anticontrol of Hopf bifurcation from the steady state is studied, and the existence, stability, and direction of bifurcated periodic solutions are discussed in detail. The obtained results show that the delay on price index has great influences on the financial system, which can be applied to suppress or avoid the chaos phenomenon appearing in the financial system.