DocumentCode :
3575596
Title :
Modeling of dynamic input-output economic systems with multiple delays
Author :
Yongyun Shao ; Xin Sun ; Xiaodong Liu ; Chunyu Yang
Author_Institution :
Sch. of Math. & Syst. Sci., Shenyang Normal Univ., Shenyang, China
fYear :
2014
Firstpage :
1
Lastpage :
6
Abstract :
This paper establishes three models of dynamic input-out economic systems with multiple delays. Uncommonly, the systems are with probably singular capital coefficient matrices which are greatly common in practical economic models. By equivalent transformation, the economic models are written as three discrete-time singular systems with multiple delays. Furthermore, three admissibility conditions are presented and expressed in terms of linear matrix inequalities (LMIs) by Lyapunov approach respectively.
Keywords :
Lyapunov methods; delays; discrete time systems; economics; linear matrix inequalities; LMIs; Lyapunov approach; admissibility conditions; discrete-time singular systems; dynamic input-output economic systems; economic models; linear matrix inequalities; multiple delays; probably singular capital coefficient matrices; Biological system modeling; Delays; Economics; Investment; Linear matrix inequalities; Production; Symmetric matrices;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Mechatronics and Control (ICMC), 2014 International Conference on
Print_ISBN :
978-1-4799-2537-7
Type :
conf
DOI :
10.1109/ICMC.2014.7231504
Filename :
7231504
Link To Document :
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