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Библиогр.: 32 назв.

We consider the class of higher derivative field equations whose wave operator is a square of another self-adjoint operator of lower order. At the free level, the models of this class are shown to admit a two-parameter series of integrals of motion. The series includes the canonical energy. Every conserved quantity is unbounded in this series. The interactions are included into the equations of motion such that a selected representative in conserved quantity series is preserved at the nonlinear level. The interactions are not necessarily Lagrangian, but they admit the Hamiltonian form of dynamics. The theory is stable if the integral of motion is bounded from below due to the interaction. The motions are finite in the vicinity of the conserved quantity minimum. The equations of motion for fluctuations have the derived form with no resonance. The general constructions are exemplified by the models of the Pais-Uhlenbeck (PU) oscillator with multiple frequency and Podolsky electrodynamics. The example is also considered of stable non-Abelian Yang-Mills theory with higher derivatives.