Search Results - subject:"Robust Control"

Robust Control and Hot Spots in Spatiotemporal Economic Systems

Brock, W.; Xepapadeas, A.; Yannacopoulos, A. - In: Dynamic Games and Applications 4 (2014) 3, pp. 257-289

associated with these phenomena hot spots. We also provide an application of our methods by studying optimal robust control and …

Persistent link: https://www.econbiz.de/10010950520

Optimal Control in Space and Time and the Management of Environmental Resources

Brock, W.A.; Xepapadeas, A.; Yannacopoulos, A.N. - In: Annual Review of Resource Economics 6 (2014) 1, pp. 33-68

deep uncertainty with a spatial structure can be handled with spatial robust control methods. Finally, we show how models …

Persistent link: https://www.econbiz.de/10010951583

Portfolio management with stochastic interest rates and inflation ambiguity

Munk, Claus; Rubtsov, Alexey - In: Annals of Finance 10 (2014) 3, pp. 419-455

We solve, in closed form, a stock-bond-cash portfolio problem of a risk- and ambiguity-averse investor when interest rates and the inflation rate are stochastic. The expected inflation rate is unobservable, but the investor can learn about it from observing realized inflation and stock and bond...

Persistent link: https://www.econbiz.de/10010959310

Robust perimeter control design for an urban region

Haddad, Jack; Shraiber, Arie - In: Transportation Research Part B: Methodological 68 (2014) C, pp. 315-332

Recent works have introduced perimeter feedback-control strategies for a homogenous urban region and multiple urban regions with the help of the Macroscopic Fundamental Diagram (MFD) representation, that relates average flow and density (or accumulation) across the network. The perimeter...

Persistent link: https://www.econbiz.de/10011065514