|
International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
|
| Volume 6 - Issue 10 |
| Published: September 2010 |
| Authors: Sumona Mukhopadhyay, Santo Banerjee |
10.5120/1107-1450
|
Sumona Mukhopadhyay, Santo Banerjee . Cooperating swarms: A paradigm for collective intelligence and its application in finance. International Journal of Computer Applications. 6, 10 (September 2010), 31-41. DOI=10.5120/1107-1450
@article{ 10.5120/1107-1450,
author = { Sumona Mukhopadhyay,Santo Banerjee },
title = { Cooperating swarms: A paradigm for collective intelligence and its application in finance },
journal = { International Journal of Computer Applications },
year = { 2010 },
volume = { 6 },
number = { 10 },
pages = { 31-41 },
doi = { 10.5120/1107-1450 },
publisher = { Foundation of Computer Science (FCS), NY, USA }
}
%0 Journal Article
%D 2010
%A Sumona Mukhopadhyay
%A Santo Banerjee
%T Cooperating swarms: A paradigm for collective intelligence and its application in finance%T
%J International Journal of Computer Applications
%V 6
%N 10
%P 31-41
%R 10.5120/1107-1450
%I Foundation of Computer Science (FCS), NY, USA
The control of nonlinear chaotic system and the estimation of parameters is a vital issue in nonlinear science. Studies on parameter estimation for chaotic systems have been investigated recently. A variant of Particle Swarm Optimization (PSO) known as Chaotic Multi Swarm Particle Swarm Optimization (CMS-PSO) is proposed which is inspired from the metaphor of ecological co-habitation of species. The generic PSO is modified with the chaotic sequences for multi-dimension parameter estimation and optimization by forming multiple cooperating swarms. Results demonstrate the effectiveness of the scheme in successfully estimating the unknown parameters of a new hyperchaotic finance system. Numerical results and comparison demonstrate that for the given parameters of the nonlinear system, CMS-PSO can identify the optimized parameters effectively to reach the pareto optimal solution and convergence speed.