scholarly journals Modelling of natural growth with memory effect in economics: An application of adomian decomposition and variational iteration methods

2022 ◽  
Vol 11 (1) ◽  
pp. 73-80 ◽  
Author(s):  
Muhamad Deni Johansyah ◽  
Asep K. Supriatna ◽  
Endang Rusyaman ◽  
Jumadil Saputra

The power-law memory effect is taken into consideration in a generalisation of the economic model of natural growth. The memory effect refers to a process's reliance on its current state and its history of previous changes. However, the study that focuses on natural growth in economics considering the memory effect with fractional order-linear differential equation model is still limited. The current investigation seeks to solve the natural growth with memory effect in the economics model and decide the best model using fractional differential equation (FDE), namely Adomian Decomposition and Variational Iteration Methods. Also, this study assumes the level of consumer loss memory during a certain time interval denoted by a parameter (α). This study showed the model of loss memory effect with 0 < α ≤ 1 given a slowdown in output growth compared to a model without memory effect. Besides that, this study also found that output Y(t) is growing faster with the Variational Iteration method compared to the Adomian decomposition method. Also, using graphical simulation, this study found the output Y(t) is closer to the exact solution with α=0.4 and α=0.9. In conclusion, this study successfully solved natural growth with memory effect in economics and decided the best model between FDE, namely Adomian decomposition and Variational iterative methods using numerical analysis.

Matematika ◽  
2019 ◽  
Vol 18 (1) ◽  
Author(s):  
Muhamad Deni Johansyah ◽  
Herlina Napitupulu ◽  
Erwin Harahap ◽  
Ira Sumiati ◽  
Asep K. Supriatna

Abstrak. Pada umumnya orde dari persamaan diferensial adalah bilangan asli, namun orde pada persamaan diferensial dapat dibentuk menjadi orde pecahan yang disebut persamaan diferensial fraksional. Paper ini membahas persamaan diferensial fraksional Riccati dengan orde diantara nol dan satu, dan koefisien konstan. Metode numerik yang digunakan untuk mendapatkan solusi dari persamaan diferensial fraksional Riccati adalah Adomian Decomposition Method (ADM) dan Variational Iteration Method (VIM). Tujuan dari paper ini adalah untuk memperluas penerapan ADM dan VIM dalam menyelesaikan persamaan diferensial fraksional Riccati nonlinear dengan turunan Caputo. Perbandingan solusi yang diperoleh menunjukkan bahwa VIM adalah metode yang lebih sederhana untuk mencari solusi persamaan diferensial fraksional Riccati nonlinier dengan orde antara nol dan satu, kemudian hasil yang diperoleh disajikan dalam bentuk grafik.Kata kunci: diferensial, fraksional, riccati, adomian dekomposisiThe solution of Riccati Fractional Differential Equation using Adomian Decomposition methodAbstract. Generally, the order of differential equations is a natural numbers, but this order can be formed into fractional, called as fractional differential equations.  In this paper, the Riccati fractional differential equations with order between zero and one, and constant coefficient is discussed.  The numerical methods used to obtain solutions from Riccati fractional differential equations are the Adomian Decomposition Method (ADM) and Variational Iteration Method (VIM).  The aim of this paper is to expand the application of ADM and VIM in solving nonlinear Riccati fractional differential equations with Caputo derivatives.  The comparison of the obtained solutions shows that VIM is simpler method for finding solutions to Riccati nonlinear fractional differential equations with order between zero and one. The obtained results are presented graphically.Keywords: riccati, fractional, differential, adomian, decomposition


2011 ◽  
Vol 11 (01) ◽  
pp. 149-161 ◽  
Author(s):  
ABDOUL R. GHOTBI ◽  
A. BARARI ◽  
M. OMIDVAR ◽  
G. DOMAIRRY

Children born are susceptible to various diseases such as mumps and chicken pox. These diseases are the most common form of infectious diseases. In recent years, scientists have been trying to devise strategies to fight against these diseases. Since vaccination is considered the most effective strategy against childhood diseases, the development of the framework that would predict the optimal vaccine coverage level needed to prevent the spread of diseases is crucial. The SIR model is a standard compartmental model that has been used to describe many epidemiological diseases. In this article, two methods namely homotopy perturbation method (HPM) and variational iteration method (VIM) are employed to compute an approximation to the solution of nonlinear system of differential equations governing the problem. The obtained results are compared with those obtained by Adomian decomposition method (ADM). This research reveals that although the obtained results are the same, HPM and VIM are much more robust, more convenient and efficient in comparison to ADM.


2015 ◽  
Vol 2015 ◽  
pp. 1-9 ◽  
Author(s):  
S. Narayanamoorthy ◽  
T. L. Yookesh

We propose an algorithm of the approximate method to solve linear fuzzy delay differential equations using Adomian decomposition method. The detailed algorithm of the approach is provided. The approximate solution is compared with the exact solution to confirm the validity and efficiency of the method to handle linear fuzzy delay differential equation. To show this proper features of this proposed method, numerical example is illustrated.


2020 ◽  
Vol 4 (1) ◽  
pp. 448-455
Author(s):  
Mulugeta Andualem ◽  
◽  
Atinafu Asfaw ◽  

Nonlinear initial value problems are somewhat difficult to solve analytically as well as numerically related to linear initial value problems as their variety of natures. Because of this, so many scientists still searching for new methods to solve such nonlinear initial value problems. However there are many methods to solve it. In this article we have discussed about the approximate solution of nonlinear first order ordinary differential equation using ZZ decomposition method. This method is a combination of the natural transform method and Adomian decomposition method.


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