Search Results - subject:"Optimal Control"

Skritek, Bernhard; Crespo Cuaresma, Jesús; … - 2015

-state (physical capital and human capital) optimization problem can be decomposed into two single-state optimal control models. This …

Persistent link: https://www.econbiz.de/10011342936

On the relation between strict dissipativity and the turnpike property

Müller, Matthias A.; Grüne, Lars - 2015

Persistent link: https://www.econbiz.de/10011343513

On the role of dissipativity in economic model predictive control

Müller, Matthias A.; Grüne, Lars; Allgöwer, Frank - 2015

Persistent link: https://www.econbiz.de/10011343515

Algorithms for optimal control of stochastic switching systems

Hinz, Juri; Yap, Nicholas - 2015

Persistent link: https://www.econbiz.de/10011344332

Évaluer l'effet des politiques publiques locales avec les contrôles synthétiques et les modèles à facteurs : une application au marché du poisson français

Gobillon, Laurent; Wolff, François-Charles - 2015

Persistent link: https://www.econbiz.de/10011671124

Revisiting the Lucas model

Skritek, Bernhard; Crespo Cuaresma, Jesús; … - 2015

Persistent link: https://www.econbiz.de/10011346555

Inflation-Forecast Targeting : Applying the Principle of Transparency

Clinton, Kevin - 2015

Many central banks in emerging and advanced economies have adopted an inflation-forecast targeting (IFT) approach to monetary policy, in order to successfully establish a stable, low-inflation environment. To support policy making, each has developed a structured system of forecasting and policy...

Persistent link: https://www.econbiz.de/10013019008

Q-Learning and SARSA : A Comparison between Two Intelligent Stochastic Control Approaches for Financial Trading

Corazza, Marco - 2015

The purpose of this paper is to solve a stochastic control problem consisting of optimizing the management of a trading system. Two model free machine learning algorithms based on Reinforcement Learning method are compared: the Q-Learning and the SARSA ones. Both these models optimize their...

Persistent link: https://www.econbiz.de/10013021143

Experimentation in Two-Sided Markets

Peitz, Martin - 2015

We study optimal experimentation by a monopolistic platform in a two-sided market. The platform provider is uncertain about the strength of the externality each side is exerting on the other. Setting participation fees on both sides, it gradually learns about these externalities by observing...

Persistent link: https://www.econbiz.de/10013037492

ERM in an Optimal Control Framework

Taylor, Greg - 2015

(the risk controls). Optimal control theory provides a framework for balancing the one against the other, and also for …'s objectives with its risk controls.The present paper attempts this by formulation of ERM as an exercise in stochastic optimal … control theory. Here there is a defined objective, which would usually include some aspect of profit, and a set of constraints …

Persistent link: https://www.econbiz.de/10013015535