Optimal control theory seeks to determine control strategies that drive dynamical systems to meet performance objectives, while mixed-integer optimisation incorporates both continuous and discrete ...
Researchers from the Institute of Industrial Science, The University of Tokyo have applied stochastic optimal control theory to biological systems, studying how these systems behave. By using concepts ...
A model of optimal diet selection on depletable resources is presented which considers the effects of exploitative competitors on the optimal behavior. In the absence of any competitors, one of three ...
Merton, Robert C. "Analytical Optimal Control Theory as Applied to Stochastic and Non-Stochastic Economics." Diss., Massachusetts Institute of Technology (MIT), 1970.
There’s been a lot of discussion recently about autonomous databases, which offer the promise of keeping database systems stable and performant while alleviating much of the tuning and configuration ...
A new theory of economic decision-making offers an explanation as to why humans, in general, make decisions that are simply adequate, not optimal. A new theory of economic decision-making from Mina ...
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