A New Conformable Fractional-Order Time-Delay Grey Bernoulli Model with the Arithmetic Optimization Algorithm and Its Application in Rural Regional Economy

To further promote the development of the grey system theory, this paper develops a novel conformable fractional-order grey Bernoulli model with a time-delay effect, namely, the CFTDNGBM (1, 1) model. In addition, the arithmetic optimization algorithm (AOA) is incorporated into the system of the mod...

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Main Authors: Ran Wang, Hui Liu, Qinwen Yang, Hongmei Du
Format: Article
Language:English
Published: Wiley 2023-01-01
Series:Journal of Mathematics
Online Access:http://dx.doi.org/10.1155/2023/2017167
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author Ran Wang
Hui Liu
Qinwen Yang
Hongmei Du
author_facet Ran Wang
Hui Liu
Qinwen Yang
Hongmei Du
author_sort Ran Wang
collection DOAJ
description To further promote the development of the grey system theory, this paper develops a novel conformable fractional-order grey Bernoulli model with a time-delay effect, namely, the CFTDNGBM (1, 1) model. In addition, the arithmetic optimization algorithm (AOA) is incorporated into the system of the model to solve the hyperparameters existing in the model. Compared with the previous grey prediction models, the CFTDNGBM (1, 1) model with a conformable fractional-order accumulation operation (CFAO), time-delay factor, and Bernoulli parameter has stronger compatibility in structure. The proposed model and its nine competitive models with excellent performance are used to predict and analyze the consumption level and per capita consumption expenditure of rural residents in China to verify the feasibility of the proposed method. The case results show that in both cases, the seven descriptive indicators of the CFTDNGBM (1, 1) model are higher than those of its competing models. Therefore, the CFTDNGBM (1, 1) model has a certain application value.
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spelling doaj-art-af7c91bf34f14455a504a0ca76c943132025-02-03T06:04:50ZengWileyJournal of Mathematics2314-47852023-01-01202310.1155/2023/2017167A New Conformable Fractional-Order Time-Delay Grey Bernoulli Model with the Arithmetic Optimization Algorithm and Its Application in Rural Regional EconomyRan Wang0Hui Liu1Qinwen Yang2Hongmei Du3Hunan Agricultural UniversityHunan Agricultural UniversitySchool of Computer Science and EngineeringHunan Agricultural UniversityTo further promote the development of the grey system theory, this paper develops a novel conformable fractional-order grey Bernoulli model with a time-delay effect, namely, the CFTDNGBM (1, 1) model. In addition, the arithmetic optimization algorithm (AOA) is incorporated into the system of the model to solve the hyperparameters existing in the model. Compared with the previous grey prediction models, the CFTDNGBM (1, 1) model with a conformable fractional-order accumulation operation (CFAO), time-delay factor, and Bernoulli parameter has stronger compatibility in structure. The proposed model and its nine competitive models with excellent performance are used to predict and analyze the consumption level and per capita consumption expenditure of rural residents in China to verify the feasibility of the proposed method. The case results show that in both cases, the seven descriptive indicators of the CFTDNGBM (1, 1) model are higher than those of its competing models. Therefore, the CFTDNGBM (1, 1) model has a certain application value.http://dx.doi.org/10.1155/2023/2017167
spellingShingle Ran Wang
Hui Liu
Qinwen Yang
Hongmei Du
A New Conformable Fractional-Order Time-Delay Grey Bernoulli Model with the Arithmetic Optimization Algorithm and Its Application in Rural Regional Economy
Journal of Mathematics
title A New Conformable Fractional-Order Time-Delay Grey Bernoulli Model with the Arithmetic Optimization Algorithm and Its Application in Rural Regional Economy
title_full A New Conformable Fractional-Order Time-Delay Grey Bernoulli Model with the Arithmetic Optimization Algorithm and Its Application in Rural Regional Economy
title_fullStr A New Conformable Fractional-Order Time-Delay Grey Bernoulli Model with the Arithmetic Optimization Algorithm and Its Application in Rural Regional Economy
title_full_unstemmed A New Conformable Fractional-Order Time-Delay Grey Bernoulli Model with the Arithmetic Optimization Algorithm and Its Application in Rural Regional Economy
title_short A New Conformable Fractional-Order Time-Delay Grey Bernoulli Model with the Arithmetic Optimization Algorithm and Its Application in Rural Regional Economy
title_sort new conformable fractional order time delay grey bernoulli model with the arithmetic optimization algorithm and its application in rural regional economy
url http://dx.doi.org/10.1155/2023/2017167
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