Search Results for: Control Theory Methods In Economics

A rigorous introduction to optimal control theory, with an emphasis on applications in economics. This book bridges optimal control theory and economics, discus

Control theory methods in economics have historically developed over three phases. The first involved basically the feedback control rules in a deterministic fr

Optimal control theory is a technique being used increasingly by academic economists to study problems involving optimal decisions in a multi-period framework.

Optimal control methods are used to determine optimal ways to control a dynamic system. The theoretical work in this field serves as a foundation for the book,

This book presents general methods for the design of economic model predictive control (EMPC) systems for broad classes of nonlinear systems that address key th