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An economic interpretation of ADRC

Authors: Rong Zhang;

An economic interpretation of ADRC

Abstract

Active disturbance rejection controller(ADRC) is a model-independent controller. It has good robustness and adaptability for the controlled systems with nonlinearity, large time delay, and high uncertainty. We notice that, although the previous work has focused mainly on its application in industrial engineering, the basic idea of ADRC also reflects very naturally the rational behavior of the decision maker in the face of dynamic optimization problems in economics and management science. The classical economic growth model is used as an example to demonstrate how to take into account the characteristic of economics so as to provide an effective mathematical tool for the analysis of a large class of dynamic problems in economics and management science.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
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