Search Results - subject:"Control theory"

Satisficing solutions for New Zealand monetary policy

Krawczyk, Jacek B. (contributor); Sethi, Rishab (contributor) - 2007

Persistent link: https://www.econbiz.de/10003430244

Wage bargaining in an optimal control framework : a dynamic version of the right-to-manage model

Guerrazzi, Marco (contributor) - 2007

implied by wage bargaining. -- Wage Bargaining ; Optimal Control Theory ; Right-to-Manage Model ; Numerical Solutions … result in being time-independent. 2 2 The Model By following the principles of the optimal control theory, we develop an … omniscient arbitrator by following the principles of the optimal control theory 4 .Inother words, we interpret the solution of …

Persistent link: https://www.econbiz.de/10003486199

Asymmetric price adjustment in the small

Levy, Daniel C.; Chen, Haipeng; Ray, Sourav; Bergen, Mark - 2007

Analyzing a large weekly retail transaction price dataset, we uncover a surprising regularity small price increases occur more frequently than small price decreases for price changes of up to about 10 cents, while there is no such asymmetry for larger price changes. The asymmetry holds for the...

Persistent link: https://www.econbiz.de/10003486498

Time-consistent control in non-linear models

Ambler, Steve (contributor); Pelgrin, Florian (contributor) - 2007

We show how to use optimal control theory to derive optimal time-consistent Markov-perfect government policies in …

Persistent link: https://www.econbiz.de/10003463674

The hidden costs of control : an unsuccessful replication study

Ploner, Matteo (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003647860

Stochastic control, optimal saving, and job search in continuous time

Sennewald, Ken (contributor) - 2007

Economic uncertainty may affect significantly people’s behavior and hence macroeconomic variables. It is thus important to understand how people behave in presence of different kinds of economic risk. The present dissertation focuses therefore on the impact of the uncertainty in capital and...

Persistent link: https://www.econbiz.de/10003634282

Optimal control of locusts in subsistence farming areas

Levy-Livermore, Amnon (contributor); … - 2007

Economic Analysis: Optimal Control Theory and Appli- cations. Cambridge: Cambridge University Press, 2005. Carlson, G.A. and M …

Persistent link: https://www.econbiz.de/10003605728

On backstops and boomerangs : environmental R&D under technological uncertainty

Goeschl, Timo; Perino, Grischa - 2007

once. Using and externding recent results from multi-stage optimal control theory, we provide a full characterization of …

Persistent link: https://www.econbiz.de/10003592670

Bridging the gap between growth theory and the new economic geography : the spatial Ramsey model

Boucekkine, B. (contributor); Camacho, Carmen (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003535713

Consumption and portfolio optimisation at the end of the life-cycle

Schiess, David (contributor) - 2007

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 iii iv CONTENTS 3 Optimal Control Theory 21 3.1 Time-Independent Running Reward … discuss the three major ingredients for solving the pensioner’s COSOCP: Optimal control theory, optimal stopping theory and … allocation and annuity decision rule. Hence, we are interested in optimal control theory, optimal stopping theory and in …

Persistent link: https://www.econbiz.de/10003717538