Research Article
Adaptive Control of a New Chaotic Financial System with Integer
Order and Fractional Order and Its Identical
Adaptive Synchronization
Paul Yaovi Dousseh,
1
Cyrille Ainamon,
1
Cl´ ement Hod´ ev` ewan Miwadinou ,
1,2
Adjimon Vincent Monwanou,
1
and Jean Bio Chabi Orou
1
1
Laboratoire de M´ ecaniques des Fluides, de la Dynamique Non-lin´ eaire et de la Mod´ elisation des Syst` emes
Biologiques (LMFDNMSB), Institut de Math´ ematiques et de Sciences Physiques (IMSP), Porto-Novo, Benin
2
D´ epartement de Physique, ENS-Natitingou, Universit´ e des Sciences, Technologies, Ing´ enierie et Math´ ematiques (UNSTIM),
Abomey, Benin
Correspondence should be addressed to Cl´ ement Hod´ ev` ewan Miwadinou; clement.miwadinou@imsp-uac.org
Received 19 January 2021; Revised 13 February 2021; Accepted 26 February 2021; Published 13 March 2021
Academic Editor: Yi Qi
Copyright © 2021 Paul Yaovi Dousseh et al. is is an open access article distributed under the Creative Commons Attribution
License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is
properly cited.
In this paper, adaptive control and adaptive synchronization of an integer and fractional order new financial system with
unknown constant parameters are studied. Based on Lyapunov’s stability theory, an adaptive control law is designed to as-
ymptotically stabilize the state variables of the system to the origin in integer and fractional order cases. By the same theory, an
adaptive synchronization law is designed to perform the identical synchronization of the new financial system in the cases of
integer and fractional order with unknown constant parameters. Numerical simulations are carried out in order to show the
efficiency of the theoretical results.
1. Introduction
Fractional order derivatives are a subject over 300 years old,
initiated by Leibniz's letter to L’Hospital [1, 2] and are a
generalization of integer order derivatives But their appli-
cations in scientific fields are very recent and this is due to
the lack of their physical interpretation. e difference
between these fractional order derivatives and the integer
order derivatives is that fractional order derivatives have the
memory that turns out to be very useful when it comes to
describing systems with memory and heredity properties. In
the literature, several systems have been described using
fractional order derivatives, we can cite the fractional order
Liu system [3], the fractional order financial system [4], the
fractional order glucose-insulin regulatory system [5], the
fractional order Chua system [6], etc. Chaotic dynamical
systems are first of all nonlinear systems, depending on
several parameters and having an extreme sensitivity to
initial conditions. ese systems are found in many scientific
fields including chemical, physical [6], economic [4], or
biological [5]. is has led researchers from various horizons
to take an interest in these types of systems, and especially
the control of the chaos which intervenes and the syn-
chronization of these systems with integer and fractional
order. Chaos control in a dynamical system consists in
designing a control law which stabilizes the system as-
ymptotically on one of these unstable fixed points. In the
literature, several methods have been proposed to achieve
this goal. We have among others, the linear feedback control
[7], adaptive control [8, 9], sliding mode control [10],
Lyapunov-based nonlinear control [11], adaptive sliding
mode control [12], etc. Recently, for the stabilization of
dynamical systems, different results have been obtained in
the literature in fields as diverse as varied. For example, see
Hindawi
Mathematical Problems in Engineering
Volume 2021, Article ID 5512094, 15 pages
https://doi.org/10.1155/2021/5512094