The appeal of optimality principles lies in their ability to transform a parsimonious performance criterion into elaborate predictions regarding the behavior of a given system. Optimal control models ...
Merton, Robert C. "Analytical Optimal Control Theory as Applied to Stochastic and Non-Stochastic Economics." Diss., Massachusetts Institute of Technology (MIT), 1970.
Dynamic Programming and Optimal Control is offered within DMAVT and attracts in excess of 300 students per year from a wide variety of disciplines. It is an integral part of the Robotics, System and ...
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