Synchronization of fractional time -delayed financial system using a novel type-2 fuzzy active control method

Abstract

In the present article, as a new approach, a fuzzy disturbance observer is combined with an active controller for the synchronization of fractional-order time-delayed systems. Since the type-2 fuzzy logic system shows better performances than the type-1 fuzzy logic system on handling the uncertainties and disturbances, the type-2 fuzzy disturbance observer is utilized in this study. The stability of the proposed method is performed using the Lyapunov stability theorem and active control concept. Then, a fractional-order time-delayed financial system has been investigated, and some features of this chaotic system have been studied. Finally, by applying the proposed control scheme, synchronization results of the fractional-order time-delayed financial system when there exist time-varying disturbances are presented. Numerical simulations demonstrate the robustness and effectiveness of the proposed control technique.