Estimation of Parameters in Fractional order Financial Chaotic system with Nature Inspired Algorithms.

Chaotic system parameter modeling is one of the significant topics in the field of non-linear science and therefore has attracted the attention of many researchers in this field. This paper discusses parameter recognition of Fractional Order Financial Chaotic System by employing different metaheuristic algorithms. The implemented algorithms include Artificial bee colony, Grey wolf optimizer, Whale optimization algorithm and Ant colony optimizer. Mean Square Error is employed as objective function to estimate parameters of system under consideration. Results of optimized parameters using the above-mentioned optimization are compared with each other and discussed in the paper. The overall outcome shows that Whale optimization algorithm gives more accurate and robust results with higher convergence rate as compared with other algorithms. [ABSTRACT FROM AUTHOR]