Disequilibrium econometrics and non-linear budget constraints
β Scribed by Robert Moffitt
- Book ID
- 116098944
- Publisher
- Elsevier Science
- Year
- 1980
- Tongue
- English
- Weight
- 222 KB
- Volume
- 5
- Category
- Article
- ISSN
- 0165-1765
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π SIMILAR VOLUMES
The tracking control problem for a class of non-linear systems with control and state constraints is considered. A predictive control approach is used to derive the constrained optimal control law. The unique structure of the controller allows a parameter to be continuously tuned on-line via the sol
## Abstract This paper deals with an optimal advertising model with two state variables. The revenue and efficiency functions are concave. The aim is to choose the rate of advertising expenditures over time in a way that maximizes the present value of net profit streams over an infinite horizon sub