Research Article
AnalysisofaFour-DimensionalHyperchaoticSystemDescribedby
the Caputo–Liouville Fractional Derivative
Ndolane Sene
Laboratoire Lmdan, D´ epartement de Math´ ematiques de la D´ ecision, Universit´ e Cheikh Anta Diop de Dakar,
Facult´e des Sciences Economiques et Gestion, BP 5683 Dakar Fann, Senegal
CorrespondenceshouldbeaddressedtoNdolaneSene;ndolanesene@yahoo.fr
Received 5 September 2020; Revised 13 October 2020; Accepted 18 November 2020; Published 28 November 2020
AcademicEditor:MustafaCagriKutlu
Copyright © 2020 Ndolane Sene. 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.
Anewfour-dimensionalhyperchaoticfinancialmodelisintroduced.enoveltiescomefromthefractional-orderderivativeand
theuseofthequadricfunction x
4
inmodelingaccuratelythefinancialmarket.eexistenceanduniquenessofitssolutionshave
beeninvestigatedtojustifythephysicaladequacyofthemodelandthenumericalschemeproposedintheresolution.Weoffera
numerical scheme of the new four-dimensional fractional hyperchaotic financial model. We have used the Caputo–Liouville
fractionalderivative.eproblemsaddressedinthispaperhavemuchimportancetoapproachtheinterestrate,theinvestment
demand,thepriceexponent,andtheaverageprofitmargin.evalidationofthechaotic,hyperchaotic,andperiodicbehaviorsof
theproposedmodel,thebifurcationdiagrams,theLyapunovexponents,andthestabilityanalysishasbeenanalyzedindetail.e
proposednumericalschemeforthehyperchaoticfinancialmodelisdestinedtohelptheagentsdecideinthefinancialmarket.e
solutions of the 4D fractional hyperchaotic financial model have been analyzed, interpreted theoretically, and represented
graphicallyindifferentcontexts.epresentpaperismathematicalmodelingandisanewtoolineconomicsandfinance.Wealso
confirm, as announced in the literature, there exist hyperchaotic systems in the fractional context, which admit one positive
Lyapunov exponent.
1. Introduction
Manybehaviorsofthedynamicalsystemsaredeterministic.
e systems’ future behaviors follow the same evolutions
andareexplainedbytheinitialconditionsandthepastofthe
systems. Chaos theory is one of the mathematical domain
which studies these types of dynamical systems and has
received many investigations [1, 2]. Lorenz [2] was the first
author to propose the chaotic system in three-dimensional
space,namely,chaoticattractor.Lorenz’sworkcanprobably
be considered as the beginning of this discipline. It is well
knownthechaoticsystemsarenonlineardynamicalsystems
andaresensitivetotheirinitialconditions.atis,whenthe
initial conditions of the considered system have small dif-
ferences or changes, it becomes complicated to predict the
behaviors of the system [1]. is field of mathematics is
strongly in relation to the control theory. is reason ex-
plains the many investigations related to chaos control. In
general,thecontrollerstrytoeliminatethechaoticbehaviors
using synchronization methods or other techniques. Many
studies also focus on the stability analysis of the chaotic
systems[1,3].Chaoticbehaviorsareobservedinmanyreal-
worldproblems,influidflows,inweatherandclimate[2],in
the stock market, in road traffics, and others. Chaos theory
has many applications, too, in anthropology, computer
science,economic[1],biology,physics[1],meteorology,and
others. After Lorenz’s proposition, many other types of
chaotic systems appear in the literature. Recent investiga-
tions focus on the chaotic and hyperchaotic systems in
economics;wehavethechaoticfinancialsystemwiththree-
dimensional space (see in [4, 5]); we have the four-di-
mensional hyperchaotic financial model.
Chaotic and hyperchaotic systems have many applica-
tionsinfinanceandeconomics.ereexistmanynonlinear
dynamical systems in finance markets that use chaotic
systems to predict the markets’ behavior. In [1], Xin et al.
Hindawi
Complexity
Volume 2020, Article ID 8889831, 20 pages
https://doi.org/10.1155/2020/8889831