To use efficiently the infrastructure of transportation networks, control strategies have been developed with the aim to reduce negative externalities, such as congestion and pollutant emissions. Previous works demonstrated that the maximum performance achievable by traffic control policies...

In a Hilbert space setting, necessary and sufficient conditions for the minimum norm solution u to the equation Su = Rz to be continuously dependent on z are given. These conditions are used to study continuity of the minimum energy and linear-quadratic control problems for infinite dimensional...

В статье с помощью эконометрических методов определяются факторы, которые, по мнению авторов, способствуют обеспечению управляемости. Посредством...

We study a principal-agent model in which the agent can provide ex post additional relevant information regarding his performance. In particular, he can provide a legitimate excuse, that is, evidence that a poor result is only due to factors outside his control. However, building a convincing...

Since Lėon Walras neoclassical economists hold an inalterable belief in a unique and stable equilibrium for the economic system, which remains to this day unobservable. Yet that belief is the corner stone of other theories such as the ‘Efficient Market Hypothesis’ as well as the philosophy...