2019
DOI: 10.1051/ro/2018071
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An optimization technique for national income determination model with stability analysis of differential equation in discrete and continuous process under the uncertain environment

Abstract: The paper represents a variation of the national income determination model with discrete and continuous process in fuzzy environment, a significant implication in economics planning, by means of fuzzy assumptions. This model is re-recognized and deliberated with fuzzy numbers to estimate its uncertain parameters whose values are not precisely known. Exhibition of imprecise solutions of the concerned model is carried out by using the proposed two methods: generalized Hukuhara difference and generalized Hukuhar… Show more

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Cited by 11 publications
(7 citation statements)
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“…Nonlinear systems may not produce a specific solution for all times but gives a decision maker feature [34,35] of the analyzed system. Through phase portrait analysis and the Lyapunov method, the system stability [36,37] of the designed system definition is feasible. Thus, system design method for nonlinear control systems are application-specific [38].…”
Section: Stability Analysis Of the Non-linear Systemmentioning
confidence: 99%
“…Nonlinear systems may not produce a specific solution for all times but gives a decision maker feature [34,35] of the analyzed system. Through phase portrait analysis and the Lyapunov method, the system stability [36,37] of the designed system definition is feasible. Thus, system design method for nonlinear control systems are application-specific [38].…”
Section: Stability Analysis Of the Non-linear Systemmentioning
confidence: 99%
“…Non-linear interval-valued fuzzy numbers and their relevance to difference equations are shown in [31]. National income determination models with fuzzy stability analysis in a discrete system are elaborately discussed by Sarkar et al [32]. The fuzzy discrete logistic equation is taken and stability situations are found in the literature [33].…”
Section: Difference Equation In An Uncertain Environmentmentioning
confidence: 99%
“…The above equations show that the solution for n is even only. When n is odd, the solutions, which follow from Equation (32), are as follows: Taking the (α, β, γ)-cut of Equation ( 8), we have the following:…”
Section: Solution Of Homogeneous Difference Equation Of Type Imentioning
confidence: 99%
“…is the importance degree of the INNs, such (35) In the INDPBM operator, we can only take the correlation among the input arguments and cannot consider the importance degree of input arguments. In what follows, the INWPDBM operator shall be proposed to overcome the shortcoming of the INDPBM operator.…”
Section: Sup In In Sup In In Sup In In Sup In In Sup In In Sup In Inmentioning
confidence: 99%