Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Optimal Control Expectations And Uncertainty
Download Optimal Control Expectations And Uncertainty full books in PDF, epub, and Kindle. Read online Optimal Control Expectations And Uncertainty ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Optimal Control, Expectations and Uncertainty by : Sean Holly
Download or read book Optimal Control, Expectations and Uncertainty written by Sean Holly and published by Cambridge University Press. This book was released on 1989-07-20 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of how the rational expectations revolution and game theory have enhanced the understanding of how an economy functions.
Book Synopsis Uncertain Optimal Control by : Yuanguo Zhu
Download or read book Uncertain Optimal Control written by Yuanguo Zhu and published by . This book was released on 2019 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the theory and applications of uncertain optimal control, and establishes two types of models including expected value uncertain optimal control and optimistic value uncertain optimal control. These models, which have continuous-time forms and discrete-time forms, make use of dynamic programming. The uncertain optimal control theory relates to equations of optimality, uncertain bang-bang optimal control, optimal control with switched uncertain system, and optimal control for uncertain system with time-delay. Uncertain optimal control has applications in portfolio selection, engineering, and games. The book is a useful resource for researchers, engineers, and students in the fields of mathematics, cybernetics, operations research, industrial engineering, artificial intelligence, economics, and management science.
Book Synopsis Dynamic Modelling and Control of National Economies 1989 by : N.M. Christodoulakis
Download or read book Dynamic Modelling and Control of National Economies 1989 written by N.M. Christodoulakis and published by Elsevier. This book was released on 2014-06-28 with total page 593 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Symposium aimed at analysing and solving the various problems of representation and analysis of decision making in economic systems starting from the level of the individual firm and ending up with the complexities of international policy coordination. The papers are grouped into subject areas such as game theory, control methods, international policy coordination and the applications of artificial intelligence and experts systems as a framework in economic modelling and control. The Symposium therefore provides a wide range of important information for those involved or interested in the planning of company and national economics.
Book Synopsis Nonlinear Expectations and Stochastic Calculus under Uncertainty by : Shige Peng
Download or read book Nonlinear Expectations and Stochastic Calculus under Uncertainty written by Shige Peng and published by Springer Nature. This book was released on 2019-09-09 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is focused on the recent developments on problems of probability model uncertainty by using the notion of nonlinear expectations and, in particular, sublinear expectations. It provides a gentle coverage of the theory of nonlinear expectations and related stochastic analysis. Many notions and results, for example, G-normal distribution, G-Brownian motion, G-Martingale representation theorem, and related stochastic calculus are first introduced or obtained by the author. This book is based on Shige Peng’s lecture notes for a series of lectures given at summer schools and universities worldwide. It starts with basic definitions of nonlinear expectations and their relation to coherent measures of risk, law of large numbers and central limit theorems under nonlinear expectations, and develops into stochastic integral and stochastic calculus under G-expectations. It ends with recent research topic on G-Martingale representation theorem and G-stochastic integral for locally integrable processes. With exercises to practice at the end of each chapter, this book can be used as a graduate textbook for students in probability theory and mathematical finance. Each chapter also concludes with a section Notes and Comments, which gives history and further references on the material covered in that chapter. Researchers and graduate students interested in probability theory and mathematical finance will find this book very useful.
Author :Andrew J. Hughes Hallett Publisher :Springer Science & Business Media ISBN 13 :1461552192 Total Pages :295 pages Book Rating :4.4/5 (615 download)
Book Synopsis Analyses in Macroeconomic Modelling by : Andrew J. Hughes Hallett
Download or read book Analyses in Macroeconomic Modelling written by Andrew J. Hughes Hallett and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomic Modelling has undergone radical changes in the last few years. There has been considerable innovation in developing robust solution techniques for the new breed of increasingly complex models. Similarly there has been a growing consensus on their long run and dynamic properties, as well as much development on existing themes such as modelling expectations and policy rules. This edited volume focuses on those areas which have undergone the most significant and imaginative developments and brings together the very best of modelling practice. We include specific sections on (I) Solving Large Macroeconomic Models, (II) Rational Expectations and Learning Approaches, (III) Macro Dynamics, and (IV) Long Run and Closures. All of the contributions offer new research whilst putting their developments firmly in context and as such will influence much future research in the area. It will be an invaluable text for those in policy institutions as well as academics and advanced students in the fields of economics, mathematics, business and government. Our contributors include those working in central banks, the IMF, European Commission and established academics.
Book Synopsis Control Theory Methods in Economics by : Jati Sengupta
Download or read book Control Theory Methods in Economics written by Jati Sengupta and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Control theory methods in economics have historically developed over three phases. The first involved basically the feedback control rules in a deterministic framework which were applied in macrodynamic models for analyzing stabilization policies. The second phase raised the issues of various types of inconsistencies in deterministic optimal control models due to changing information and other aspects of stochasticity. Rational expectations models have been extensively used in this plan to resolve some of the inconsistency problems. The third phase has recently focused on the various aspects of adaptive control. where stochasticity and information adaptivity are introduced in diverse ways e.g .• risk adjustment and risk sensitivity of optimal control, recursive updating rules via Kalman filtering and weighted recursive least squares and variable structure control methods in nonlinear framework. Problems of efficient econometric estimation of optimal control models have now acquired significant importance. This monograph provides an integrated view of control theory methods, synthesizing the three phases from feedback control to stochastic control and from stochastic control to adaptive control. Aspects of econometric estimation are strongly emphasized here, since these are very important in empirical applications in economics.
Book Synopsis Computational Economics by : David A. Kendrick
Download or read book Computational Economics written by David A. Kendrick and published by Princeton University Press. This book was released on 2011-10-23 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ability to conceptualize an economic problem verbally, to formulate it as a mathematical model, and then represent the mathematics in software so that the model can be solved on a computer is a crucial skill for economists. Computational Economics contains well-known models--and some brand-new ones--designed to help students move from verbal to mathematical to computational representations in economic modeling. The authors' focus, however, is not just on solving the models, but also on developing the ability to modify them to reflect one's interest and point of view. The result is a book that enables students to be creative in developing models that are relevant to the economic problems of their times. Unlike other computational economics textbooks, this book is organized around economic topics, among them macroeconomics, microeconomics, and finance. The authors employ various software systems--including MATLAB, Mathematica, GAMS, the nonlinear programming solver in Excel, and the database systems in Access--to enable students to use the most advantageous system. The book progresses from relatively simple models to more complex ones, and includes appendices on the ins and outs of running each program. The book is intended for use by advanced undergraduates and professional economists and even, as a first exposure to computational economics, by graduate students. Organized by economic topics Progresses from simple to more complex models Includes instructions on numerous software systems Encourages customization and creativity
Book Synopsis Global Economic Modeling by : Pauly Peter
Download or read book Global Economic Modeling written by Pauly Peter and published by World Scientific. This book was released on 2018-04-24 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global econometric models have a long history. From the early 1970s to the present, as modeling techniques have advanced, different modeling paradigms have emerged and been used to support national and international policy making. One purpose of this volume -- based on a conference in recognition of the seminal impact of Nobel Prize winner in Economic Sciences Lawrence R Klein, whose pioneering work has spawned the field of international econometric modeling -- is to survey these developments from today's perspective. A second objective of the volume is to shed light on the wide range of attempts to broaden the scope of modeling on an international scale. Beyond new developments in traditional areas of the trade and financial flows, the volume reviews new approaches to the modeling of linkages between macroeconomic activity and individual economic units, new research on the analysis of trends in income distribution and economic wellbeing on a global scale, and innovative ideas about modeling the interactions between economic development and the environment. With the expansion of elaborated economic linkages, this volume makes an important contribution to the evolving literature of global econometric models.
Book Synopsis Global Environmental Economics by : H.W. Gottinger
Download or read book Global Environmental Economics written by H.W. Gottinger and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: 7. 2 Cumulative Pollutants and the Rate of Economic Growth 217 7. 3 Economic Growth in an Unregulated Economy 223 7. 4 Economic Growth in a Degrading Economy 231 7. 5 Economic Growth in the Spaceship Economy 237 7. 6 Dynamic Equilibrium in the Spaceship Economy 248 7. 7 An Evaluation of the Model and some Conclusions 254 7. 8 Some Long-Term Implications of the Model 256 References 258 Chapter 8: Optimal Economic Growth when CO Constraints are Critical 2 8. 1 Introduction 259 8. 2 Formulation of the Problem 260 8. 3 Derivation of the Necessary Conditions 264 8. 4 Analysis of the Necessary Conditions 265 8. 5 Conclusion 277 References 279 Chapter 9: Uncertainty. Value of Information and Greenhouse Gas Emissions 9. 1 Introduction 280 9. 2 An Illustrative Example - Evaluating a Climate Research and Monitoring Programme 282 293 9. 3 The Value of Information in a Stochastic Dynamic Programme 301 9. 4 Optimal Policies in a Stochastic Dynamic Programme 307 9. 5 Resource Costs and Critical Probabilities 9. 6 Conclusions 314 317 References 319 Epilogue 325 Index viii Preface The movement of carbon from sources to final disposition is known as the carbon cycle. The largest reservoir of carbon is in carbonate sediments such as limestone and chalk. Other significant but less stable reservoirs include fossil fuels, living and dead plants and animals, carbonates and bicarbonates dissolved in the ocean.
Book Synopsis Rules, Reputation and Macroeconomic Policy Coordination by : David A. Currie
Download or read book Rules, Reputation and Macroeconomic Policy Coordination written by David A. Currie and published by Cambridge University Press. This book was released on 1993-08-12 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book David Currie and Paul Levine address a broad range of issues concerning the design and conduct of macroeconomic policy in open economies. Adopting neo-Keynesian models for which monetary and fiscal policy have short-term real effects, they analyse active stabilisation policies in both a single- and multi-country context. Questions addressed include: the merits of simple policy rules, policy design in the face of uncertainty and international policy coordination. A central feature of the book is the treatment of credibility and the effect of a policy-maker's reputation for sticking to announced policies. These considerations are integrated with coordination issues to produce a unique synthesis. The volume develops optimal control methods and dynamic game theory to handle relationships between governments and a conscious rational private sector and produces a unified, coherent approach to the subject. This book will be of interest to students and teachers of open economy macroeconomics and to professional economists interested in using macroeconomic models to design policy.
Book Synopsis Cybernetics And Systems '90 - Proceedings Of The Tenth European Meeting On Cybernetics And Systems Research by : Robert Trappl
Download or read book Cybernetics And Systems '90 - Proceedings Of The Tenth European Meeting On Cybernetics And Systems Research written by Robert Trappl and published by World Scientific. This book was released on 1990-03-01 with total page 1130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents:How Many "Demons" Do We Need? Endophysical Self-Creation of Material Structures and the Exophysical Mystery of Universal Libraries (G Kampis & O E Rössler)Some Implications of Re-Interpretation of the Turing Test for Cognitive Science and Artificial Intelligence (G Werner)Why Economic Forecasts will be Overtaken by the Facts (J D M Kruisinga)Simulation Methods in Peace and Conflict Research (F Breitenecker et al)Software Development Paradigms: A Unifying Concept (G Chroust)Hybrid Hierarchies: A Love-Hate Relationship Between ISA and SUPERC (D Castelfranchi & D D'Aloisi)AI for Social Citizenship: Towards an Anthropocentric Technology (K S Gill)Organizational Cybernetics and Large Scale Social Reforms in the Context of Ongoing Developments (E Bekjarov & A Athanassov)China's Economic Reform and its Obstacles: Challenges to a Large-Scale Social Experiment (J Hu & X Sun)Comparing Conceptual Systems: A Strategy for Changing Values as well as Institutions (S A Umpleby)and others Readership: Researchers in the fields of cybernetics and systems, artificial intelligence, economics and mathematicians.
Book Synopsis Quantitative Economic Policy by : Reinhard Neck
Download or read book Quantitative Economic Policy written by Reinhard Neck and published by Springer Science & Business Media. This book was released on 2008-03-04 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Econometric techniques and models are still being extensively used in the business of forecasting and policy advice. This book presents recent advances in the theory and applications of quantitative economic policy, with particular emphasis on fiscal and monetary policies in a European and global context. The volume honors Andrew Hughes Hallett, a pioneer and major scientist in quantitative economic policy analysis, whose contributors are among his friends and former students.
Download or read book Technology written by Alex Lazinica and published by BoD – Books on Demand. This book was released on 2009-10-01 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: The widespread deployment and use of Information Technologies (IT) has paved the way for change in many fields of our societies. The Internet, mobile computing, social networks and many other advances in human communications have become essential to promote and boost education, technology and industry. On the education side, the new challenges related with the integration of IT technologies into all aspects of learning require revising the traditional educational paradigms that have prevailed for the last centuries. Additionally, the globalization of education and student mobility requirements are favoring a fluid interchange of tools, methodologies and evaluation strategies, which promote innovation at an accelerated pace. Curricular revisions are also taking place to achieved a more specialized education that is able to responds to the societys requirements in terms of professional training. In this process, guaranteeing quality has also become a critical issue. On the industrial and technological side, the focus on ecological developments is essential to achieve a sustainable degree of prosperity, and all efforts to promote greener societies are welcome. In this book we gather knowledge and experiences of different authors on all these topics, hoping to offer the reader a wider view of the revolution taking place within and without our educational centers. In summary, we believe that this book makes an important contribution to the fields of education and technology in these times of great change, offering a mean for experts in the different areas to share valuable experiences and points of view that we hope are enriching to the reader. Enjoy the book!
Book Synopsis Mine Planning and Equipment Selection 1995 by : J. Hadjigeorgiou
Download or read book Mine Planning and Equipment Selection 1995 written by J. Hadjigeorgiou and published by CRC Press. This book was released on 1995-10-31 with total page 1150 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text presents about 150 papers based on an international symposium on mine planning and equipment selection, held in Canada in 1995. Coverage includes: design and planning of surface and underground mines; surface mining and the environment; tailings disposal; and slope stability analysis.
Book Synopsis Resilient Controls for Ordering Uncertain Prospects by : Khanh D. Pham
Download or read book Resilient Controls for Ordering Uncertain Prospects written by Khanh D. Pham and published by Springer. This book was released on 2014-09-05 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing readers with a detailed examination of resilient controls in risk-averse decision, this monograph is aimed toward researchers and graduate students in applied mathematics and electrical engineering with a systems-theoretic concentration. This work contains a timely and responsive evaluation of reforms on the use of asymmetry or skewness pertaining to the restrictive family of quadratic costs that have been appeared in various scholarly forums. Additionally, the book includes a discussion of the current and ongoing efforts in the usage of risk, dynamic game decision optimization and disturbance mitigation techniques with output feedback measurements tailored toward the worst-case scenarios. This work encompasses some of the current changes across uncertainty quantification, stochastic control communities, and the creative efforts that are being made to increase the understanding of resilient controls. Specific considerations are made in this book for the application of decision theory to resilient controls of the linear-quadratic class of stochastic dynamical systems. Each of these topics are examined explicitly in several chapters. This monograph also puts forward initiatives to reform both control decisions with risk consequences and correct-by-design paradigms for performance reliability associated with the class of stochastic linear dynamical systems with integral quadratic costs and subject to network delays, control and communication constraints.
Book Synopsis The Theory of Economic Policy in a Strategic Context by : Nicola Acocella
Download or read book The Theory of Economic Policy in a Strategic Context written by Nicola Acocella and published by Cambridge University Press. This book was released on 2013 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new unified theory of economic policy which responds to conflicts between strategic public and private policymakers.
Book Synopsis Optimization Under Stochastic Uncertainty by : Kurt Marti
Download or read book Optimization Under Stochastic Uncertainty written by Kurt Marti and published by Springer Nature. This book was released on 2020-11-10 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines application and methods to incorporating stochastic parameter variations into the optimization process to decrease expense in corrective measures. Basic types of deterministic substitute problems occurring mostly in practice involve i) minimization of the expected primary costs subject to expected recourse cost constraints (reliability constraints) and remaining deterministic constraints, e.g. box constraints, as well as ii) minimization of the expected total costs (costs of construction, design, recourse costs, etc.) subject to the remaining deterministic constraints. After an introduction into the theory of dynamic control systems with random parameters, the major control laws are described, as open-loop control, closed-loop, feedback control and open-loop feedback control, used for iterative construction of feedback controls. For approximate solution of optimization and control problems with random parameters and involving expected cost/loss-type objective, constraint functions, Taylor expansion procedures, and Homotopy methods are considered, Examples and applications to stochastic optimization of regulators are given. Moreover, for reliability-based analysis and optimal design problems, corresponding optimization-based limit state functions are constructed. Because of the complexity of concrete optimization/control problems and their lack of the mathematical regularity as required of Mathematical Programming (MP) techniques, other optimization techniques, like random search methods (RSM) became increasingly important. Basic results on the convergence and convergence rates of random search methods are presented. Moreover, for the improvement of the – sometimes very low – convergence rate of RSM, search methods based on optimal stochastic decision processes are presented. In order to improve the convergence behavior of RSM, the random search procedure is embedded into a stochastic decision process for an optimal control of the probability distributions of the search variates (mutation random variables).
