Application of Nonlinear Adaptation Method for Discrete Economic Objects

Abstract

An application of the method of analytical design of aggregated regulators for constructing systems of control over integrated economic entities with positive and negative feedback loops is discussed. The controlled objects are presented as a system of ordinary non-linear differential or difference equations with chaotic behavior in the case of certain combinations of parameters. A number of control problem formulations are given and the algorithms of control synthesis are reported and theoretically validated. Some illustrative examples of application of the proposed algorithms are provided along with their numerical simulation data. The results obtained would be useful in designing a smart control system and for real-time decision making in the financial policies of a variety of economic entities.