Goodwin model via p-fuzzy system

Sánchez, Daniel; Barros, Laécio Carvalho; Esmi, Estevão; Miebach, Alessandro Donadio; Liu, Jun; Lu, Jie; Xu, Yang; Martínez, Luis; Kerre, Etienne E

Keywords: fuzzy numbers, P-fuzzy systems, Goodwin model, fuzzy rule

Abstract

In this work we propose a Mamdani fuzzy controller based on a fuzzy rule base whose fuzzy rules represent economic rules inspired by the Goodwin model. This model describes the dynamical interaction between the distribution of income and the employment level in the economy. Computational simulations reveal that the numerical solution of the proposed (p-fuzzy) system produces increasing cycles similar to those of the classical the Goodwin model. Finally, we discuss the capability of the p-fuzzy approach as approximator and we apply this methodology using historical economic data from Germany.

Más información

Editorial: World Scientific
Fecha de publicación: 2018
Página de inicio: 977
Página final: 984
URL: https://doi.org/10.1142/9789813273238_0124