Search Results - subject:"Control theory"

Irreversible investment with fixed adjustment costs : a stochastic impulse control approach

Federico, Salvatore; Rosestolato, Mauro; Tacconi, Elisa - In: Mathematics and financial economics 13 (2019) 4, pp. 579-616

Persistent link: https://www.econbiz.de/10012055890

Dynamic pricing in retail with diffusion process demand

Riseth, Asbjørn Nilsen - In: IMA journal of management mathematics 30 (2019) 3, pp. 323-344

Persistent link: https://www.econbiz.de/10012057124

Vanishing central bank intervention in stochastic impulse control

Gagnon, Gregory - In: Annals of finance 15 (2019) 1, pp. 125-153

Persistent link: https://www.econbiz.de/10012058193

Optimal proportional reinsurance and investment for stochastic factor models

Brachetta, M.; Ceci, C. - In: Insurance / Mathematics & economics 87 (2019), pp. 15-33

Persistent link: https://www.econbiz.de/10012058904

Production control with price, cost, and demand uncertainty

Tan, Barış - In: OR spectrum : quantitative approaches in management 41 (2019) 4, pp. 1057-1085

Persistent link: https://www.econbiz.de/10012139975

Optimal Control Theory : Applications to Management Science and Economics

Sethi, Suresh P. - 2019 - 3rd ed. 2019

This fully revised 3rd edition offers an introduction to optimal control theory and its diverse applications in … mathematical rigor, but on modeling realistic situations faced in business and management. The book exploits optimal control theory … graduate courses on applied optimal control theory, but also for financial and industrial engineers, economists, and …

Persistent link: https://www.econbiz.de/10012396048

Optimal control of decoupling point with deteriorating items

Yang, Kuan; Wang, Ermei - In: Journal of Industrial Engineering and Management (JIEM) 7 (2014) 5, pp. 1368-1384

Purpose: The aim of this paper is to develop a dynamic model to simultaneously determine the optimal position of the decoupling point and the optimal path of the production rate as well as the inventory level in a supply chain. With the objective to minimize the total cost of the deviation from...

Persistent link: https://www.econbiz.de/10011939177

OPTIMIZATION OF DETERMINISTIC POPULATION DYNAMICS MODELS

BENEŠOVÁ, Michaela - In: Regional Science Inquiry VI (2014) 2, pp. 33-38

The aim of this contribution is to apply methods from optimal control theory to the mathematical modeling of biological …

Persistent link: https://www.econbiz.de/10011096986

Utility from Bequeathing Savings or Utility from Accumulating in the Ramsey Growth Model

Khelifi, Atef - Volkswirtschaftliche Fakultät, … - 2014

Despite ‘joy of giving models’ have been extensively examined in the literature, the Ramsey growth model has never been explored under the assumption of a direct preference for bequeathing savings that are reinvested. This assumption implies a Utility function depending on both consumption...

Persistent link: https://www.econbiz.de/10011111348

Simulation Models of Human Decision-Making Processes

RIZUN, Nina; TARANENKO, Yurii - In: Management Dynamics in the Knowledge Economy Journal 2 (2014) 5, pp. 241-264

an analogy with the Automatic Control Theory. From the authors' point of view this concept allows to develop and improve … of the nonlinear elements. The taxonomy of the most typical automatic control theory elements and their compliance with …

Persistent link: https://www.econbiz.de/10011082671