Dynamics of fractional order nonlinear system: A realistic perception with neutrosophic fuzzy number and Allee effect

Journal of Advanced Research

Oyoon Abdul Razzaq¹  Ali Ahmadian²  Fatima Riaz³  Norazak Senu⁴  Najeeb Alam Khan⁵ 

[1] Corresponding author.;Social Sciences, Bahria University, Karachi 75260, Pakistan;;Department of Humanities &Department of Mathematics, Institute of Business Management, Karachi-75190, Pakistan;Department of Mathematics, University of Karachi, Karachi 75270, Pakistan;

关键词: Production function;    Caputo fractional derivative;    Neutrosophic fuzzy numbers;    Economic growth;   

DOI  :  

来源: DOAJ

【 摘 要 】

Introduction: The fusion of fractional order differential equations and fuzzy numbers has been widely used in modelling different engineering and applied sciences problems. In addition to these, the Allee effect, which is of high importance in field of biology and ecology, has also shown great contribution among other fields of sciences to study the correlation between density and the mean fitness of the subject. Objectives: The present paper is intended to measure uncertain dynamics of an economy by restructuring the Cobb-Douglas paradigm of the renowned Solow-Swan model. The purpose of study is further boosted innovatively by subsuming the perception of logistic growth with Allee effect in the dynamics of physical capital and labor force. Methods: Fractional order derivative and neutrosophic fuzzy (NF) theory are applied on the parameters of the Cobb-Douglas equation. Distinctively, cogitating fractional order derivative to study the change at each fractional stage; single-valued triangular neutrosophic fuzzy numbers (SVTNFN) to cope the uncertain situations; logistic growth function with Allee effect to analyze the factors in natural way, are the significant and novel features of this endeavor. Results: The incorporation of the aforementioned theories and effects in the Cobb-Douglas equation, resulted in producing maximum sustainable capital investment and maximum capacity of labor force. The solutions in intervals located different possible solutions for different membership degrees, which accumulated the uncertain circumstances of a country. Conclusion: Explicitly, these notions add new facts and figures not only in the dynamical study of capital and labor, which has been overlooked in classical models, but also left the door open for discussion and implementation on classical models of different fields.

【 授权许可】

Unknown