Example of control vector construction for a local economic system

Abstract

In spite of the processes of globalization proceeding nowadays, local structures are of the great importance and must be in the focus of scientific research. Local economic system control has to be based on the second order cybernetics concepts, and be realized in different ways (using different control types). Implementation of agent-based model also might yield significant results. This paper proposes a meaningful example of these ideas combination. In the research, there has been made an attempt to classify practical realizations of different control efforts in a local economic system. Several simulation results also are under discussion.