Search Results - subject:"Optimal Control"

Numerical solution of optimal control problems with constant control delays

Brandt-Pollmann, Ulrich; Winkler, Ralph; Sager, Sebastian; … - CER-ETH Center of Economic Research, Department of … - 2006

We investigate a class of optimal control problems that exhibit constant exogenously given delays in the control in the … equation of motion of the differential states. Therefore, we formulate an exemplary optimal control problem with one stock and … quite limited in case of delayed optimal control problems. In order to overcome these limits, we reformulate the problem and …

Persistent link: https://www.econbiz.de/10005800903

Implementing a Stochastic Bioeconomic Model for the North-East Arctic Cod Fishery

Kugarajh, Kanaganayagam; Sandal, Leif; Berge, Gerhard - In: Journal of Bioeconomics 8 (2006) 1, pp. 35-53

In this paper, we study how a stochastic model can be used to determine optimal levels of exploitation of the North-East Arctic Cod (NEAC, Gadus morhua). A non-critical depensation growth model is developed for this species in order to examine both deterministic and stochastic cases. Estimation...

Persistent link: https://www.econbiz.de/10005715809

Understanding the Difference Between Robust Control and Optimal Control in a Linear Discrete-Time System with Time-Varying Parameters

TUCCI, MARCO - In: Computational Economics 27 (2006) 4, pp. 533-558

Persistent link: https://www.econbiz.de/10005701693

The Linearisation and Optimal Control of Large Non-Linear Rational Expectations Models by Persistent Excitation

Corrado, Luisa; Holly, Sean - In: Computational Economics 28 (2006) 2, pp. 139-153

Persistent link: https://www.econbiz.de/10005701736

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

Boucekkine, Raouf; Camacho, Carmen; Zou, Benteng - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2006

spatially. Capital flows to locations with higher marginal return. We show that the problem amounts to optimal control of …

Persistent link: https://www.econbiz.de/10005128004

Foreign direct investment in the presence of technological spillovers and international competition

Dawid, Herbert; Greiner, Alfred; Zou, Benteng - Society for Computational Economics - SCE - 2006

In this paper we analyze dynamic incentives of a firm to invest in production facilities in a less developed country with lower wage costs and lower productivity. Foreign investment induces that, due to technological spillovers, productivity of local firms in the foreign country increases. Firms...

Persistent link: https://www.econbiz.de/10005132638

The robust permanent income model revisited

Tucci, Marco P. - Society for Computational Economics - SCE - 2006

the case where the objective function depends upon arbitrary desired paths. By comparing robust control with the optimal … control for a linear system with time-varying parameters, in this more general case, it is confirmed that the decision maker …

Persistent link: https://www.econbiz.de/10005342946

Towards A Grid Market

Parpas, Panos; Rustem, Berc - Society for Computational Economics - SCE - 2006

In this paper we discuss a basic framework for a grid computing market. It has long been argued that pricing of computer resources can act as a scheduling protocol. We take this idea to its natural conclusion by discussing the basic properties of such a model. We introduce agents that own...

Persistent link: https://www.econbiz.de/10005342979

Optimal vaccine scheduling in cancer immunotherapy

Piccoli, B.; Castiglione, F. - In: Physica A: Statistical Mechanics and its Applications 370 (2006) 2, pp. 672-680

Cancer immunotherapy aims at stimulating the immune system to react against cancer stealth capabilities. It consists of repeatedly injecting small doses of a tumor-associated molecule one wants the immune system to recognize, until a consistent immune response directed against the tumor cells is...

Persistent link: https://www.econbiz.de/10010589710

Optimal Dynamic Advertising Policy for New Products

Krishnan, Trichy V.; Jain, Dipak C. - In: Management Science 52 (2006) 12, pp. 1957-1969

Advertising is one of the key marketing tools managers have at their disposal to influence their customers into purchasing a new product. The overall objective of new product advertising is to inform and persuade customers. Drawing up an advertising plan for a new product that is under the...

Persistent link: https://www.econbiz.de/10009214551