Multi-objective Active Control Policy Design for Commensurate and Incommensurate Fractional Order Chaotic Financial Systems

This is the author accepted manuscript. The final version is available from Elsevier via the DOI in this record.In this paper, an active control policy design for a fractional order (FO) financial system is attempted, considering multiple conflicting objectives. An active control template as a nonlinear state feedback mechanism is developed and the controller gains are chosen within a multi-objective optimization (MOO) framework to satisfy the conditions of asymptotic stability, derived analytically. The MOO gives a set of solutions on the Pareto optimal front for the multiple conflicting objectives that are considered. It is shown that there is a trade-off between the multiple design objectives and a better performance in one objective can only be obtained at the cost of performance deterioration in the other objectives. The multi-objective controller design has been compared using three different MOO techniques viz. Non Dominated Sorting Genetic Algorithm-II (NSGA-II), epsilon variable Multi-Objective Genetic Algorithm (ev-MOGA), and Multi Objective Evolutionary Algorithm with Decomposition (MOEA/D). The robustness of the same control policy designed with the nominal system settings have been investigated also for gradual decrease in the commensurate and incommensurate fractional orders of the financial system

Finite-time reliable nonfragile control for fractionalorder nonlinear systems with asymmetrical saturation and structured uncertainties

This paper investigates the finite-time stabilization problem of fractional-order nonlinear differential systems via an asymmetrically saturated reliable control in the sense of Caputo’s fractional derivative. In particular, an asymmetrical saturation control problem is converted to a symmetrical saturation control problem by using a linear matrix inequality framework criterion to achieve the essential results. Specifically, in this paper, we obtain two sets of sufficient conditions under different scenarios of structured uncertainty, namely, norm-bounded parametric uncertainty and linear fractional transformation uncertainty. The uncertainty considered in this paper is a combination of polytopic form and structured form. With the help of control theories of fractional-order system and linear matrix inequality technique, some sufficient criteria to ensure reliable finite-time stability of fractional-order differential systems by using the indirect Lyapunov approach are derived. As a final point, the derived criteria are numerically validated by means of examples based on financial fractional-order differential system and permanent magnet synchronous motor chaotic fractional-order differential system

Dynamical Systems

Complex systems are pervasive in many areas of science integrated in our daily lives. Examples include financial markets, highway transportation networks, telecommunication networks, world and country economies, social networks, immunological systems, living organisms, computational systems and electrical and mechanical structures. Complex systems are often composed of a large number of interconnected and interacting entities, exhibiting much richer global scale dynamics than the properties and behavior of individual entities. Complex systems are studied in many areas of natural sciences, social sciences, engineering and mathematical sciences. This special issue therefore intends to contribute towards the dissemination of the multifaceted concepts in accepted use by the scientific community. We hope readers enjoy this pertinent selection of papers which represents relevant examples of the state of the art in present day research. [...

Synchronization of complex dynamical networks with fractional order

Complex dynamical networks (CDN) can be applied to many areas in real world, from medicine, biology, Internet to sociology. Study on CDNs has drawn great attention in recent years. Nodes in a CDN can be modelled as systems represented by differential equations. Study has shown that fractional order differential equations (DF) can better represent some real world systems than integer-order DFs. This research work focuses on synchronization in fractional CDNs.  A literature review on CDNs with fractional order has summarized the latest works in this area.  Fractional chaotic systems are studied in our initial investigation.  Fractional calculus is introduced and the relevant fundamentals to model, describe and analyse dynamical networks are presented. It is shown that the structure and topological characteristics of a network can have a big impact on its synchronizability. Synchronizability and its various interpretations in dynamical networks are studied. To synchronize a CDN efficiently, controllers are generally needed. Controller design is one of the main tasks in this research. Our first design is a new sliding mode control to synchronize a dynamical network with two nodes. Its stability has been proven and verified by simulations.  Its convergence speed outperforms Vaidyanathan's scheme, a well-recognized scheme in this area. The design can be generalized to CDNs with more nodes.  As many applications can be modelled as CDNs with node clustering, a different sliding mode control is designed for cluster synchronization of a CDN with fractional order. Its stability is proven by using Lyapunov method. Its convergence and efficiency is shown in a simulation. Besides these nonlinear methods mentioned, linear control is also studied intensively for the synchronization.  A novel linear method for synchronization of fractional CDNs using a new fractional Proportional-Integral (PI) pinning control is proposed.  Its stability is proven and the synchronization criteria are obtained. The criteria have been simplified using two corollaries so the right value for the variables can be easily assigned. The proposed method is compared with the conventional linear method which uses Proportional (P) controller. In the comparison, the mean squared error function is used. The function measures the average of the squared errors and it is an instant indicator of the synchronization efficiency. A numerical simulation is repeated 100 times to obtain the averages over these runs. Each simulation has different random initial values for both controllers. The average of the errors in all the 100 simulations is obtained and the area under the function curve is defined as an overall performance index (OPI), which indicates the controller's overall performance. In control, small overshoot is always desired. In our work, the error variation is also used as a measure.  The maximum variation from the average of 100 simulations is calculated and compared for both methods. With all the statistical comparisons, it is clear that with the same power consumption, the proposed method outperforms the conventional one and achieves faster and smoother synchronization. Communication constraints exist in most real world CDNs. Communication constraints and their impact on control and synchronization of CDNs with fractional order are investigated in our study. A new adaptive method for synchronizing fractional CDN with disturbance and uncertainty is designed. Its stability is proven and its synchronization criteria are obtained for both fractional CDN with known and unknown parameters. Random disturbance is also included in both cases. Our results show that the new method is efficient in synchronizing CDNs with presence of both disturbance and uncertainty

Entropy in Dynamic Systems

In order to measure and quantify the complex behavior of real-world systems, either novel mathematical approaches or modifications of classical ones are required to precisely predict, monitor, and control complicated chaotic and stochastic processes. Though the term of entropy comes from Greek and emphasizes its analogy to energy, today, it has wandered to different branches of pure and applied sciences and is understood in a rather rough way, with emphasis placed on the transition from regular to chaotic states, stochastic and deterministic disorder, and uniform and non-uniform distribution or decay of diversity. This collection of papers addresses the notion of entropy in a very broad sense. The presented manuscripts follow from different branches of mathematical/physical sciences, natural/social sciences, and engineering-oriented sciences with emphasis placed on the complexity of dynamical systems. Topics like timing chaos and spatiotemporal chaos, bifurcation, synchronization and anti-synchronization, stability, lumped mass and continuous mechanical systems modeling, novel nonlinear phenomena, and resonances are discussed