In the finance market, risk happened in two pattern. In one case, extreme volatility together with a short balance time leads to a great panic to the market. On the contrary, if the volatility is smaller, the time per...In the finance market, risk happened in two pattern. In one case, extreme volatility together with a short balance time leads to a great panic to the market. On the contrary, if the volatility is smaller, the time period will usually be longer. It will bring many infections to various related fields,which causes wider range influences to the economy. Both cases hurt financial market and the economy itself deeply. In this paper, we developed a novel market regulation method in which the conflict of fluctuation time and volatility will be balanced. It describes a way to compute a portfolio of relatively short time period together with smaller fluctuation volatility by using a general prediction algorithm based on overshoot in cybernetics. It can also give explanation to counter-cyclical supervision theory and macro-prudential regulation. Furthermore, it can provide numerical operation guide for countercyclical supervision theory and macro-prudential regulation.展开更多
Conventional PI control encounters some problems when dealing with large lag process in the presence of parameter uncertainties.For the typical first-order process,an observerbased linear active disturbance rejection ...Conventional PI control encounters some problems when dealing with large lag process in the presence of parameter uncertainties.For the typical first-order process,an observerbased linear active disturbance rejection control（LADRC） scheme is presented to cope with the difficulties,and a reduced-order observer scheme is proposed further.Some quantitative dynamic results with regard to non-overshoot characteristics are obtained.Finally,the performance boundaries of LADRC and PI control are explicitly compared with each other,which shows that the former is more superior in most cases.展开更多
It is well-known that the IMC-PID controller tuning gives fast and improved set point response but slow disturbance rejection. A modification has been proposed in IMC-PID tuning rule for the improved disturbance rejec...It is well-known that the IMC-PID controller tuning gives fast and improved set point response but slow disturbance rejection. A modification has been proposed in IMC-PID tuning rule for the improved disturbance rejection. For the modified IMC-PID tuning rule, a method has been developed to obtain the IMC-PID setting in closed-loop mode without acquiring detailed information of the process. The proposed method is based on the closed-loop step set point experiment using a proportional only controller with gain K_(c0). It is the direct approach to find the PID controller setting similar to classical Ziegler-Nichols closed-loop method. Based on simulations of a wide range of first-order with delay processes, a simple correlation has been derived to obtain the modified IMC-PID controller settings from closed-loop experiment. In this method, controller gain is a function of the overshoot obtained in the closed loop set point experiment. The integral and derivative time is mainly a function of the time to reach the first peak(overshoot). Simulation has been conducted for the broad class of processes and the controllers were tuned to have the same degree of robustness by measuring the maximum sensitivity, Ms, in order to obtain a reasonable comparison. The PID controller settings obtained in the proposed tuning method show better performance and robustness with other two-step tuning methods for the broad class of processes. It has also been applied to temperature control loop in distillation column model. The result has been compared to the open loop tuning method where it gives robust and fast response.展开更多
基金Supported by the National Natural Science Foundation of China(71673214)National Post-doctor Foundation of China(2015M582627)China Scholarship Council(201308615060)
文摘In the finance market, risk happened in two pattern. In one case, extreme volatility together with a short balance time leads to a great panic to the market. On the contrary, if the volatility is smaller, the time period will usually be longer. It will bring many infections to various related fields,which causes wider range influences to the economy. Both cases hurt financial market and the economy itself deeply. In this paper, we developed a novel market regulation method in which the conflict of fluctuation time and volatility will be balanced. It describes a way to compute a portfolio of relatively short time period together with smaller fluctuation volatility by using a general prediction algorithm based on overshoot in cybernetics. It can also give explanation to counter-cyclical supervision theory and macro-prudential regulation. Furthermore, it can provide numerical operation guide for countercyclical supervision theory and macro-prudential regulation.
基金supported by the National Natural Science Foundation of China(60774088)the National High Technology Research and Development Program of China(863 Program)(2009AA04Z132)the Specialized Research Fund for the Doctoral Program of Higher Education of China(20090031110029)
文摘Conventional PI control encounters some problems when dealing with large lag process in the presence of parameter uncertainties.For the typical first-order process,an observerbased linear active disturbance rejection control（LADRC） scheme is presented to cope with the difficulties,and a reduced-order observer scheme is proposed further.Some quantitative dynamic results with regard to non-overshoot characteristics are obtained.Finally,the performance boundaries of LADRC and PI control are explicitly compared with each other,which shows that the former is more superior in most cases.
基金the support provided by King Abdulaziz City for Science and Technology (KACST) through the Science & Technology Unit at King Fahd University of PetroleumMinerals (KFUPM) for funding this work through project number 11-ENE1643-04 as part of the Notional Science Technology and Innovation Plan
文摘It is well-known that the IMC-PID controller tuning gives fast and improved set point response but slow disturbance rejection. A modification has been proposed in IMC-PID tuning rule for the improved disturbance rejection. For the modified IMC-PID tuning rule, a method has been developed to obtain the IMC-PID setting in closed-loop mode without acquiring detailed information of the process. The proposed method is based on the closed-loop step set point experiment using a proportional only controller with gain K_(c0). It is the direct approach to find the PID controller setting similar to classical Ziegler-Nichols closed-loop method. Based on simulations of a wide range of first-order with delay processes, a simple correlation has been derived to obtain the modified IMC-PID controller settings from closed-loop experiment. In this method, controller gain is a function of the overshoot obtained in the closed loop set point experiment. The integral and derivative time is mainly a function of the time to reach the first peak(overshoot). Simulation has been conducted for the broad class of processes and the controllers were tuned to have the same degree of robustness by measuring the maximum sensitivity, Ms, in order to obtain a reasonable comparison. The PID controller settings obtained in the proposed tuning method show better performance and robustness with other two-step tuning methods for the broad class of processes. It has also been applied to temperature control loop in distillation column model. The result has been compared to the open loop tuning method where it gives robust and fast response.
