Optimal control of linear econometric models with intermittent controls
โ Scribed by Christophe Deissenberg
- Publisher
- Springer US
- Year
- 1980
- Tongue
- English
- Weight
- 421 KB
- Volume
- 16
- Category
- Article
- ISSN
- 1573-9414
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
## 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
In this paper we consider a linear time-varying system with state and control delay terms, both lumped and distributed, subject to unknown, square integrable disturbances. Using a differential games approach, we provide a necessary and sufficient condition for the existence of an optimal control law