The stability analysis of asset price system with delay by impulsive control

DOI

10.2991/iccnce.2013.6How to use a DOI?

Keywords

asset price system, delay, impulsive control, global exponential stability

Abstract

The stability analysis of asset price system with delay is discussed in this paper. By adding impulsive control, dynamical properties of the system are changed, i.e., eliminating the influence of some factors such as time delay on the instability of asset price. Based on the impulsive theory and Lyapunov function stability theory, a new criteria on global exponential stability of nonlinear differential equation is established, and the conservative conditions of the global exponential stability for asset price system are obtained. Numerical simulations results verify the feasibility and validity of impulsive control method and the theoretical results. It is concluded that reasonable impulsive control can control the stability of system with delay effectively.

Copyright

© 2013, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xunxia Xu
AU  - Liuxiao Guo
PY  - 2013/07
DA  - 2013/07
TI  - The stability analysis of asset price system with delay by impulsive control
BT  - Proceedings of the International Conference on Computer, Networks and Communication Engineering (ICCNCE 2013)
PB  - Atlantis Press
SP  - 21
EP  - 25
SN  - 1951-6851
UR  - https://doi.org/10.2991/iccnce.2013.6
DO  - 10.2991/iccnce.2013.6
ID  - Xu2013/07
ER  -