Download or read book Optimal Control Theory with Applications in Economics written by Thomas A. Weber and published by MIT Press. This book was released on 2011-09-30 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: A rigorous introduction to optimal control theory, with an emphasis on applications in economics. This book bridges optimal control theory and economics, discussing ordinary differential equations, optimal control, game theory, and mechanism design in one volume. Technically rigorous and largely self-contained, it provides an introduction to the use of optimal control theory for deterministic continuous-time systems in economics. The theory of ordinary differential equations (ODEs) is the backbone of the theory developed in the book, and chapter 2 offers a detailed review of basic concepts in the theory of ODEs, including the solution of systems of linear ODEs, state-space analysis, potential functions, and stability analysis. Following this, the book covers the main results of optimal control theory, in particular necessary and sufficient optimality conditions; game theory, with an emphasis on differential games; and the application of control-theoretic concepts to the design of economic mechanisms. Appendixes provide a mathematical review and full solutions to all end-of-chapter problems. The material is presented at three levels: single-person decision making; games, in which a group of decision makers interact strategically; and mechanism design, which is concerned with a designer's creation of an environment in which players interact to maximize the designer's objective. The book focuses on applications; the problems are an integral part of the text. It is intended for use as a textbook or reference for graduate students, teachers, and researchers interested in applications of control theory beyond its classical use in economic growth. The book will also appeal to readers interested in a modeling approach to certain practical problems involving dynamic continuous-time models.
Download or read book Economic Model Predictive Control written by Matthew Ellis and published by Springer. This book was released on 2016-07-27 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents general methods for the design of economic model predictive control (EMPC) systems for broad classes of nonlinear systems that address key theoretical and practical considerations including recursive feasibility, closed-loop stability, closed-loop performance, and computational efficiency. Specifically, the book proposes: Lyapunov-based EMPC methods for nonlinear systems; two-tier EMPC architectures that are highly computationally efficient; and EMPC schemes handling explicitly uncertainty, time-varying cost functions, time-delays and multiple-time-scale dynamics. The proposed methods employ a variety of tools ranging from nonlinear systems analysis, through Lyapunov-based control techniques to nonlinear dynamic optimization. The applicability and performance of the proposed methods are demonstrated through a number of chemical process examples. The book presents state-of-the-art methods for the design of economic model predictive control systems for chemical processes.In addition to being mathematically rigorous, these methods accommodate key practical issues, for example, direct optimization of process economics, time-varying economic cost functions and computational efficiency. Numerous comments and remarks providing fundamental understanding of the merging of process economics and feedback control into a single framework are included. A control engineer can easily tailor the many detailed examples of industrial relevance given within the text to a specific application. The authors present a rich collection of new research topics and references to significant recent work making Economic Model Predictive Control an important source of information and inspiration for academics and graduate students researching the area and for process engineers interested in applying its ideas.
Download or read book Advanced Control Strategies for Social and Economic Systems ACS 04 written by Peter Kopacek and published by Elsevier. This book was released on 2006-01-06 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Theory and Application of Digital Control written by A. K. Mahalanabis and published by Elsevier. This book was released on 2014-05-20 with total page 705 pages. Available in PDF, EPUB and Kindle. Book excerpt: Theory and Application of Digital Control contains the proceedings of the IFAC Symposium held at New Delhi, India on January 5-7, 1982. This book particularly presents the texts of the five plenary talks and the 110 papers of the symposium. This book organizes the papers into 109 chapters, with nearly one-third of the papers focus on digital control, particularly, software and hardware of control using microcomputers; computer-aided design; and adaptive control and modeling for digital control. Another set of papers deal with several applications of digital control techniques in solving interesting problems of socio economic systems, electrical power systems, bio systems, and artificial satellites. The reader will benefit hugely from the topics in this book that span several important theoretical and applied areas of the fast-changing topic of digital control.
Download or read book Systems Approach for Development written by M. A. R. Ghonaimy and published by Elsevier. This book was released on 2014-05-18 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: Systems Approach for Development presents articles in such topics as methodology, management and planning, education and transfer of technology, industrial application, energy, power systems, transportation and communication systems, urban systems and housing, and water resource systems. A sample of article in methodology is a simplified model approach in the hierarchical control systems. The book discusses such topics as dynamic economic models, creation of an optimum technology for olive oil production, systems prospective, types of technological forecasting techniques, and the use of a learning automata model in resource allocation problems. The optimal rate of transfer of technology is briefly analyzed and a systems approach to technological education is covered. An essay in the development of operator interface techniques is given. A section of the text provides the requirements of an ideal teaching system for microcomputers. The book will provide useful information to engineers, sociologists, economists, computer programmers, students and researchers in the field of science.
Download or read book Optimal Control Theory written by Suresh P. Sethi and published by Taylor & Francis US. This book was released on 2006 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Optimal control methods are used to determine optimal ways to control a dynamic system. The theoretical work in this field serves as a foundation for the book, which the authors have applied to business management problems developed from their research and classroom instruction. Sethi and Thompson have provided management science and economics communities with a thoroughly revised edition of their classic text on Optimal Control Theory. The new edition has been completely refined with careful attention to the text and graphic material presentation. Chapters cover a range of topics including finance, production and inventory problems, marketing problems, machine maintenance and replacement, problems of optimal consumption of natural resources, and applications of control theory to economics. The book contains new results that were not available when the first edition was published, as well as an expansion of the material on stochastic optimal control theory.
Download or read book Understanding and Managing Socioeconomic Systems Behaviour written by Rossen Kazakov and published by Springer Nature. This book was released on with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Shaping of Socio economic Systems written by Thomas Martin Baumgartner and published by Taylor & Francis. This book was released on 1986 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1986. Routledge is an imprint of Taylor & Francis, an informa company.
Download or read book Technical Report written by Human Resources Research Organization and published by . This book was released on 1967 with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Shaping of Socio Economic Systems RLE Social Theory written by Thomas Baumgartner and published by Routledge. This book was released on 2014-08-07 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: Actor-systems dynamics is an innovative, multidisciplinary methodology for investigating and analyzing social struggles over economic resources and the related interplay between economic and socio-political institutions and processes. The authors, sociologists and economists, offer a systemic perspective on contemporary socio-economic issues such as economic crisis, unemployment, inflation, economic democracy and development; in their analyses, they identify several of the key factors that drive people to interact, to initiate change and transformation as well as to resist such change. Major underlying themes in the book are: Conflict over the distribution of economic resources and economic policies and institutions; the structural bases of economic inequality and conflict; the shaping and reshaping of socio-economic institutions, and the contradictions, conflicts and instabilities evoked by such developments; the failure of orthodox economic theories, including Keynesianism, in the face of recurrent economic crises and instabilities; the development and application of an open, dynamic actor-oriented systems theory – grounded in the social sciences – addressing complex socio-economic phenomena in ways diverging substantially from conventional economics. All in all, the papers collected here deal, on the one hand, with social power, conflict, and struggle concerning economic resources and institutions and, on the other hand, the structural and other factors which drive powering initiatives, conflict, and social innovation and transformation. The book is addressed to a broad spectrum of social and managerial scientists concerned with socio-economic issues, institutions, and development.
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.
Download or read book Modern Control Engineering written by Maxwell Noton and published by Elsevier. This book was released on 2014-06-20 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern Control Engineering focuses on the methodologies, principles, approaches, and technologies employed in modern control engineering, including dynamic programming, boundary iterations, and linear state equations. The publication fist ponders on state representation of dynamical systems and finite dimensional optimization. Discussions focus on optimal control of dynamical discrete-time systems, parameterization of dynamical control problems, conjugate direction methods, convexity and sufficiency, linear state equations, transition matrix, and stability of discrete-time linear systems. The text then tackles infinite dimensional optimization, including computations with inequality constraints, gradient method in function space, quasilinearization, computation of optimal control-direct and indirect methods, and boundary iterations. The book takes a look at dynamic programming and introductory stochastic estimation and control. Topics include deterministic multivariable observers, stochastic feedback control, stochastic linear-quadratic control problem, general calculation of optimal control by dynamic programming, and results for linear multivariable digital control systems. The publication is a dependable reference material for engineers and researchers wanting to explore modern control engineering.
Download or read book Real Time Digital Control Applications written by A. Alonso-Concheiro and published by Elsevier. This book was released on 2014-05-23 with total page 657 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real Time Digital Control Applications is a compilation of papers presented at the Symposium on Real-Time Digital Control Applications, sponsored by the International Federation of Automatic Control (IFAC) and the International Federation for Information Processing (IFIP), held in Guadalajara, Mexico. The event is organized to provide developing countries with the opportunity to gain insights -- from the sharing of ideas and experiences of experts from around the world to the rapid growth and development of applications of real-time digital control systems, which is considered as the basis of industrial revolution. The book presents and discusses the various scientific, industrial, and technical applications of real-time digital control systems. Applications in power generation, water, metal processing, cement, food, and manufacturing industries are shown. The text also covers applications in robotics, biomedicine, monitoring and failure detection, fuel optimization and heat control, adaptive process control, modeling, and computer software. Industrial engineers, scientists, economists, computer scientists, robotics experts, planners, and technicians will find this book invaluable.
Download or read book System Analysis in Engineering and Control written by Yuriy S. Vasiliev and published by Springer Nature. This book was released on 2022-04-16 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers the results of research that has been obtained during the last decades by scholars representing several scientific schools working in the field of theory of systems and system analysis. In the book chapters, attention is paid to the development of the general theory of systems’ provisions, approaches, models, and methods of system analysis; such as the concepts of an open system and adaptive systems; the concepts of “the movable equilibrium” and “disequilibrium”, the approach of “growing” the system and its developing through innovations; the system-target approach, systems’ regularities; ontological, cognitive and logical-linguistic models of systems, etc. The book includes parts devoted to the general theoretical and philosophical-methodological problems of systems theory; methods and models of system analysis; innovation technologies in technical and socioeconomic systems; system analyses in the educational process, and higher education management. The materials of the book may be of interest to researchers and specialists working in the field of systems analysis, engineering, computer technologies, including human–computer interaction in socio-technical systems; for the representatives of the academic and engineering society.
Download or read book Many Agent Games in Socio economic Systems Corruption Inspection Coalition Building Network Growth Security written by Vassili N. Kolokoltsov and published by Springer. This book was released on 2019-03-30 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been an increase in attention toward systems involving large numbers of small players, giving rise to the theory of mean field games, mean field type control and nonlinear Markov games. Exhibiting various real world problems involving major and minor agents, this book presents a systematic continuous-space approximation approach for mean-field interacting agents models and mean-field games models. After describing Markov-chain methodology and a modeling of mean-field interacting systems, the text presents various structural conditions on the chain to yield respective socio-economic models, focusing on migration models via binary interactions. The specific applications are wide-ranging – including inspection and corruption, cyber-security, counterterrorism, coalition building and network growth, minority games, and investment policies and optimal allocation – making this book relevant to a wide audience of applied mathematicians interested in operations research, computer science, national security, economics, and finance.
Download or read book Advanced Control Systems written by Yuriy P. Kondratenko and published by CRC Press. This book was released on 2022-09-01 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advanced Control Systems: Theory and Applications provides an overview of advanced research lines in control systems as well as in design, development and implementation methodologies for perspective control systems and their components in different areas of industrial and special applications. It consists of extended versions of the selected papers presented at the XXV International Conference on Automatic Control “Automatics 2018” (September 18-19, 2018, Lviv, Ukraine) which is the main Ukrainian Control Conference organized by Ukrainian Association on Automatic Control (National member organization of IFAC) and Lviv National University “Lvivska Politechnica”. More than 100 papers were presented at the conference with topics including: mathematical problems of control, optimization and game theory; control and identification under uncertainty; automated control of technical, technological and biotechnical objects; controlling the aerospace craft, marine vessels and other moving objects; intelligent control and information processing; mechatronics and robotics; information measuring technologies in automation; automation and IT training of personnel; the Internet of things and the latest technologies. The book is divided into two main parts, the first concerning theory (7 chapters) and the second concerning applications (7 chapters) of advanced control systems. The first part “Advances in Theoretical Research on Automatic Control” consists of theoretical research results which deal with descriptor control impulsive delay systems, motion control in condition of conflict, inverse dynamic models, invariant relations in optimal control, robust adaptive control, bio-inspired algorithms, optimization of fuzzy control systems, and extremal routing problem with constraints and complicated cost functions. The second part “Advances in Control Systems Applications” is based on the chapters which consider different aspects of practical implementation of advanced control systems, in particular, special cases in determining the spacecraft position and attitude using computer vision system, the spacecraft orientation by information from a system of stellar sensors, control synthesis of rotational and spatial spacecraft motion at approaching stage of docking, intelligent algorithms for the automation of complex biotechnical objects, an automatic control system for the slow pyrolysis of organic substances with variable composition, simulation complex of hierarchical systems based on the foresight and cognitive modelling, and advanced identification of impulse processes in cognitive maps. The chapters have been structured to provide an easy-to-follow introduction to the topics that are addressed, including the most relevant references, so that anyone interested in this field can get started in the area. This book may be useful for researchers and students who are interesting in advanced control systems.
Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1981 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt:
