Variable Order Fractional Variational Calculus for Double Integrals

We introduce three types of partial fractional operators of variable order. An integration by parts formula for partial fractional integrals of variable order and an extension of Green's theorem are proved. These results allow us to obtain a fractional Euler-Lagrange necessary optimality condition for variable order two-dimensional fractional variational problems.Comment: This is a preprint of a paper whose final and definite form will be published in: 51st IEEE Conference on Decision and Control, December 10-13, 2012, Maui, Hawaii, USA. Article Source/Identifier: PLZ-CDC12.1240.d4462b33. Submitted 07-March-2012; accepted 17-July-201

Minimum Number of Probes for Brain Dynamics Observability

In this paper, we address the problem of placing sensor probes in the brain such that the system dynamics' are generically observable. The system dynamics whose states can encode for instance the fire-rating of the neurons or their ensemble following a neural-topological (structural) approach, and the sensors are assumed to be dedicated, i.e., can only measure a state at each time. Even though the mathematical description of brain dynamics is (yet) to be discovered, we build on its observed fractal characteristics and assume that the model of the brain activity satisfies fractional-order dynamics. Although the sensor placement explored in this paper is particularly considering the observability of brain dynamics, the proposed methodology applies to any fractional-order linear system. Thus, the main contribution of this paper is to show how to place the minimum number of dedicated sensors, i.e., sensors measuring only a state variable, to ensure generic observability in discrete-time fractional-order systems for a specified finite interval of time. Finally, an illustrative example of the main results is provided using electroencephalogram (EEG) data.Comment: arXiv admin note: text overlap with arXiv:1507.0720

Mathematical Economics

This book is devoted to the application of fractional calculus in economics to describe processes with memory and non-locality. Fractional calculus is a branch of mathematics that studies the properties of differential and integral operators that are characterized by real or complex orders. Fractional calculus methods are powerful tools for describing the processes and systems with memory and nonlocality. Recently, fractional integro-differential equations have been used to describe a wide class of economical processes with power law memory and spatial nonlocality. Generalizations of basic economic concepts and notions the economic processes with memory were proposed. New mathematical models with continuous time are proposed to describe economic dynamics with long memory. This book is a collection of articles reflecting the latest mathematical and conceptual developments in mathematical economics with memory and non-locality based on applications of fractional calculus

Long-term correlations and multifractal nature in the intertrade durations of a liquid Chinese stock and its warrant

Intertrade duration of equities is an important financial measure characterizing the trading activities, which is defined as the waiting time between successive trades of an equity. Using the ultrahigh-frequency data of a liquid Chinese stock and its associated warrant, we perform a comparative investigation of the statistical properties of their intertrade duration time series. The distributions of the two equities can be better described by the shifted power-law form than the Weibull and their scaled distributions do not collapse onto a single curve. Although the intertrade durations of the two equities have very different magnitude, their intraday patterns exhibit very similar shapes. Both detrended fluctuation analysis (DFA) and detrending moving average analysis (DMA) show that the 1-min intertrade duration time series of the two equities are strongly correlated. In addition, both multifractal detrended fluctuation analysis (MFDFA) and multifractal detrending moving average analysis (MFDMA) unveil that the 1-min intertrade durations possess multifractal nature. However, the difference between the two singularity spectra of the two equities obtained from the MFDMA is much smaller than that from the MFDFA.Comment: 10 latex pages, 4 figure

Generalized beta models and population growth: so many routes to chaos

Logistic and Gompertz growth equations are the usual choice to model sustainable growth and immoderate growth causing depletion of resources, respectively. Observing that the logistic distribution is geo-max-stable and the Gompertz function is proportional to the Gumbel max-stable distribution, we investigate other models proportional to either geo-max-stable distributions (log-logistic and backward log-logistic) or to other max-stable distributions (Fréchet or max-Weibull). We show that the former arise when in the hyper-logistic Blumberg equation, connected to the Beta (Formula presented.) function, we use fractional exponents (Formula presented.) and (Formula presented.), and the latter when in the hyper-Gompertz-Turner equation, the exponents of the logarithmic factor are real and eventually fractional. The use of a BetaBoop function establishes interesting connections to Probability Theory, Riemann–Liouville’s fractional integrals, higher-order monotonicity and convexity and generalized unimodality, and the logistic map paradigm inspires the investigation of the dynamics of the hyper-logistic and hyper-Gompertz maps.info:eu-repo/semantics/publishedVersio