Search Results - subject:"Optimal Control"

Optimal Policy Response with Control Parameter and Intercept Covariance

Gonzalez, Fidel - 2008

Parameter uncertainty and the interaction between the uncertain parameters are important aspects of economic policy. In this work, I develop an analytical one-state variable, one-control variable model with two uncertain parameters (the control parameter and the intercept) and a nonzero...

Persistent link: https://www.econbiz.de/10012770524

Robust Control : A Note on the Response of the Control to Changes in the 'Free' Parameter

Gonzalez, Fidel - 2008

In this paper an analytical framework using robust control was developed for the one-state, one-control variable model to examine the response of the control to changes in the quot;freequot; parameter. It was found that the response is characterized by a hyperbolic shape

Persistent link: https://www.econbiz.de/10012770535

Design of organizational controls for managing innovation : implications for firms in high-velocity environments

Perez-Freije, Javier - 2008

Persistent link: https://www.econbiz.de/10003627740

Model uncertainty, robust policies, and the value of commitment

Kasa, Kenneth (contributor) - 1998 - [Elektronische Ressource]

skepticism about the applicability of optimal control methods to the formulation of government policy. (See, e.g., Prescott (1977 …

Persistent link: https://www.econbiz.de/10001576291

A Matlab Package for Approximating the Solution to a Continuous-Time Stochastic Optimal Control Problem

Windsor, Alistair; Krawczyk, Jacek B. - 1998

Computing the solution to a stochastic optimal control problem is difficult. A method of approximating a solution to a … method of approximating a solution to a given continuous stochastic optimal control problem …

Persistent link: https://www.econbiz.de/10014064373

An Approximated Solution to Continuous-Time Stochastic Optimal Control Problems Through Markov Decision Chains

Krawczyk, Jacek B.; Windsor, Alistair - 1998

Strategies for constructing a Markov decision chain approximating a continuous-time finite-horizon optimal control …

Persistent link: https://www.econbiz.de/10014068827

Cooperative systems : control and optimization ; with 17 tables

Grundel, Don (contributor) - 2007

Persistent link: https://www.econbiz.de/10004882780

STOCHASTIC MODEL PREDICTIVE CONTROL AND PORTFOLIO OPTIMIZATION

HERZOG, FLORIAN; DONDI, GABRIEL; GEERING, HANS P. - In: International Journal of Theoretical and Applied … 10 (2007) 02, pp. 203-233

control problem. MPC is a solution technique which was developed to solve constrained optimal control problems for … deterministic control applications. MPC solves the optimal control problem with a receding horizon where a series of consecutive … open-loop optimal control problems is solved.The aim of this paper is to develop an MPC approach to the problem of long …

Persistent link: https://www.econbiz.de/10004971736

A scheduling problem for several parallel servers

Schiefermayr, Klaus; Weichbold, Josef - In: Computational Statistics 66 (2007) 1, pp. 127-148

In this paper, we study a scheduling problem of jobs from two different queues on several parallel servers. Jobs have exponentially distributed processing times, and incur costs per unit of time, until they leave the system, and there are no arrivals to the system at any time. The objective is...

Persistent link: https://www.econbiz.de/10010847787

A policy iteration algorithm for fixed point problems with nonexpansive operators

Chancelier, Jean-Philippe; Messaoud, Marouen; Sulem, Agnès - In: Computational Statistics 65 (2007) 2, pp. 239-259

The aim of this paper is to solve the fixed point problems: $$ v=\mathcal{O}v,\quad \hbox{with}\, \mathcal{O}v(x) \mathop{=}^{\rm def} \max (Lv(x), Bv(x) ), x \in \varepsilon, \quad (1)$$ where $$\varepsilon$$ is a finite set, L is contractive and B is a nonexpansive operator and $$...

Persistent link: https://www.econbiz.de/10010847841