Copyright © 2011 Liping Chen et al. This 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.

Abstract

Control and synchronization of the financial systems with fractional-order are discussed in this paper. Based on the stability theory of fractional-order differential equations, Routh-Hurwitz stability condition, and by using linear control, simpler controllers are designed to achieve control and synchronization of the fractional-order financial systems. The proposed controllers are linear and easy to implement, which have improved the existing results. Theoretical analysis and numerical simulations are shown to demonstrate the validity and feasibility of the proposed method.