Journal of Mathematics

Application of Fractional-order Models in Management and Economic Systems


Publishing date
01 Nov 2021
Status
Published
Submission deadline
18 Jun 2021

Lead Editor

1Hebei University of Engineering, Handan, China

2Muğla Sıtkı Koçman University, Muğla, Turkey

3Wuhan University of Technology, Wuhan, China


Application of Fractional-order Models in Management and Economic Systems

Description

Fractional calculus, fractional-order ideal, and fractional operators (fractional-order model) have gained importance and popularly due to applications in many fields. The fractional-order model has also been extensively studied in recent years.

However, we are still at the beginning of applying this very powerful tool in management and economic science. The integral order models are ideal memory models, which are not suitable for describing irregular phenomena. The fractional-order characteristic enables the proposed model to exhibit simultaneously both short-range dependence and long-range dependence. The use of fractional order can improve and generalize well-established mathematics methods and strategies. Many different fractional-order schemes are presented for management and economic systems. Fractional-order economic models with power-law memory have shown that memory effects can play an important role in economic phenomena and processes. The fractional-order inventory model has memory effects.

The aim of this Special Issue is to investigate the fractional model extent and its applications, with particular emphasis on management and economic systems. We invite authors to submit their original research and review articles exploring the issues and extent of the fractional-order model.

Potential topics include but are not limited to the following:

  • Fractional-order operator and complex number order operator extent
  • Fractional-order economic models and systems
  • Fractional auto-regressive integrated moving average model and fractional forecasting model
  • Fractional derivative model and fractional integral inequality extent
  • Fractional differentiation model and special function extent
  • Fractional-order neural network and support vector machine extent
  • Fractional-order cuckoo search and other intelligent optimization algorithms
  • Fractional-order grey system model and fractional-order uncertain model
  • Fractional-order inventory model and fractional-order Fourier transform model
  • Fractional-order ideals in data envelopment analysis and other evaluated models
  • Potential and current applications of the fractional-order model

Articles

  • Special Issue
  • - Volume 2021
  • - Article ID 8742330
  • - Research Article

An Averaging Principle for Mckean–Vlasov-Type Caputo Fractional Stochastic Differential Equations

Weifeng Wang | Lei Yan | ... | Zhongkai Guo
  • Special Issue
  • - Volume 2021
  • - Article ID 4951714
  • - Research Article

Air Pollution and the Public Perception Level and Self-Protection Demand in Three Cities of China: Fractional Grey Modelling Analysis

Leping Tu | Yonggang Zhao
  • Special Issue
  • - Volume 2021
  • - Article ID 8237600
  • - Research Article

A Fractional Grey Multivariable Model for Modeling Fresh Graduates’ Career Choice

Xiaoen Yang | Taiming Cui | Minghuan Shou
  • Special Issue
  • - Volume 2021
  • - Article ID 9962565
  • - Research Article

An Improved Nonhomogeneous Grey Model with Fractional-Order Accumulation and Its Application

Shuanghua Liu | Qin Qi | Zhiming Hu
  • Special Issue
  • - Volume 2021
  • - Article ID 9988073
  • - Research Article

New Stability Criterion for Fractional-Order Quaternion-Valued Neural Networks Involving Discrete and Leakage Delays

Bingjun Li | Bingnan Tang
  • Special Issue
  • - Volume 2021
  • - Article ID 5599633
  • - Research Article

Coordinated Development of Urban Land Use and Ecological Economics in China

Zhiyuan Zhu | Gang Du
  • Special Issue
  • - Volume 2021
  • - Article ID 9936968
  • - Research Article

Prediction of High-Tech Talents Flow Impact on Labor Income Share: Based on DEA and Fractional Hausdorff Grey Model

Wei Cui | Anwei Wan | Yongbo Yang
Journal of Mathematics
 Journal metrics
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Acceptance rate14%
Submission to final decision111 days
Acceptance to publication25 days
CiteScore1.500
Journal Citation Indicator1.140
Impact Factor1.4
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