MIT rule VS Lyapunov design - Adaptive Control

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I wonder what's the difference between MIT rule and Lyapunov design when it comes to adaptive control law?

As I get it, MIT rule is more like "transfer function"-based control system and Lyapunov design is more like "state space model"-based control system.

Before I asking my complete question, I just want to tell you that Adaptive system combines control law + system identification. You can build a very easy adaptive control system, or a much more difficult if you want. All depends on what you want to control.

I can write out the methods to do a adaptive control system with Lyapunov design.

  1. Assume that we have a open loop state space model:

$$\dot{x} = Ax + Bx$$

  1. We want to design our control law $L$ at

$$ u = -L\hat{x} + r$$

Here we assume that $r$ is our reference variable.

  1. One simply thing we can to is to create our control law by doing

$$\dot{\hat{x}} = S^{-1}xB^TPx, S = S^T > 0 $$ $$ u = -L\hat{x} + r$$

Where $S$ is a matrix. I don't know if the matrix $S$ need to be identical or something. Please correct me if I'm wrong.

  1. $P$ is the solution to our Lyapunov function

$$PA_m + A_m^TP = -Q$$

Where $$A_m = A-BL^T$$

  1. The whole closed loop feedback adaptive system is:

$$ \dot{x} = (A-BL^T)x - Bx^T\tilde{L}$$

  1. To prove the stability we using this:

    $$V(x, \tilde{L}) = \frac{1}{2}x^TPx + \frac{1}{2}\tilde{L}^TS\tilde{L}$$

    I don't know where $\tilde{L}$ comes from, but's is in the professor's lecture notes and books. I assume that $\tilde{L} = L - \hat{L}$. Not sure.

Anyway! My question are:

  1. What's the difference between MIT rule and Lyapunov based adaptive control? Benefits for example.
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The main advantage of Lyapunov design is that it guarantees a closed-loop system.

The main drawback of Lyapunov design is that there is no systematic way of finding a suitable Lyapunov function $V$ leading to a specific adaptive law.

For example, if one wants to add a proportional term to the adaptive law, it is not trivial to find the corresponding Lyapunov function.