Controlling a Bank Model Economy by Using an Adaptive Model Predictive Control with Help of an Extended Kalman Filter

Research output: Contributions to collected editions/worksArticle in conference proceedingsResearchpeer-review

Authors

This paper describes a bank-customer model and proposes a control scheme algorithm which guarantees to obtain a desired capital to asset ratio. The used control system is an Adaptive Model Predictive Control (MPC). The MPC offers the possibility to control the error between capital/asset ratio and the ratio required by the bank under the Basel regulatory framework, which should converge to zero. The uncertainties of the model are estimated by an Extended Kalman Filter and the model is online adapted to realize the prediction.

Original languageEnglish
Title of host publicationProceedings of the 2020 21st International Carpathian Control Conference (ICCC) : Virtual Conference, Košice, Slovak Republic October 27 - 29, 2020
EditorsIvo Petráš , Ján Kačur
Number of pages6
Place of PublicationPiscataway
PublisherIEEE - Institute of Electrical and Electronics Engineers Inc.
Publication date27.10.2020
Article number9257221
ISBN (print)978-1-7281-1952-6
ISBN (electronic)978-1-7281-1951-9
DOIs
Publication statusPublished - 27.10.2020
Event21st IEEE International Carpathian Control Conference - ICCC 2020 - Online, Virtual, Kosice, Slovakia
Duration: 27.10.202029.10.2020
Conference number: 21
https://iccc.fberg.tuke.sk/
https://iccc.fberg.tuke.sk/

    Research areas

  • Adaptive Model Predicitive Control, Bank System Model, Extended Kalman Filter, Simulation
  • Engineering

Recently viewed

Publications

  1. Reading Comprehension as Embodied Action: Exploratory Findings on Nonlinear Eye Movement Dynamics and Comprehension of Scientific Texts
  2. WHICH ESTIMATION SITUATIONS ARE RELEVANT FOR A VALID ASSESSMENT OF MEASUREMENT ESTIMATION SKILLS
  3. Individual Scans Fusion in Virtual Knowledge Base for Navigation of Mobile Robotic Group with 3D TVS
  4. DISKNET – A Platform for the Systematic Accumulation of Knowledge in IS Research
  5. Image compression based on periodic principal components
  6. On the computation of the warping function and the torsional properties of thin-walled crosssections of prismatic beams
  7. Within-individual leaf trait variation increases with phenotypic integration in a subtropical tree diversity experiment
  8. Proxy Indicators for the Quality of Open-domain Dialogues
  9. A Comparative Study for Fisheye Image Classification
  10. Functional Richness and Relative Resilience of Bird Communities in Regions with Different Land Use Intensities
  11. Pressure fault recognition and compensation with an adaptive feedforward regulator in a controlled hybrid actuator within engine applications
  12. Masked Autoencoder Pretraining for Event Classification in Elite Soccer
  13. A longitudinal multilevel CFA-MTMM model for interchangeable and structurally different methods
  14. Input-Output Linearization of a Thermoelectric Cooler for an Ice Clamping System Using a Dual Extended Kalman Filter
  15. Control oriented modeling of DCDC converters
  16. Analytic reproducibility in articles receiving open data badges at the journal Psychological Science
  17. Linear free vibrations with uncertain initial conditions
  18. Material flow analysis between dynamic modelling and life cycle assessment
  19. An Equation with many Variables