Application of optimal control theory on optimal advertising expenditure in monopoly

Optimality Of Monetary And Fiscal Policies In Iran: An Application Of The Stochastic Optimal Control Theory

optimal monetary policy for the iranian economy: an application of optimal control theory

in this paper we have utilized optimum control procedures to derive an optimum monetary rule for iran’s economy ; assuming the policy makers are using the interest rate as a policy variable. in doing so a dynamic stochastic model with rational expectation was setup. the model is calibrated with the use of previous findings in the literature. the results show that the optimum reacrion of the pol...

Application of Stochastic Optimal Control, Game Theory and Information Fusion for Cyber Defense Modelling

The present paper addresses an effective cyber defense model by applying information fusion based game theoretical approaches‎. ‎In the present paper, we are trying to improve previous models by applying stochastic optimal control and robust optimization techniques‎. ‎Jump processes are applied to model different and complex situations in cyber games‎. ‎Applying jump processes we propose some m...

Lectures on Optimal Control Theory

In the theory of mathematical optimization one try to find maximum or minimum points of functions depending of real variables and of other functions. Optimal control theory is a modern extension of the classical calculus of variations. Euler and Lagrange developed the theory of the calculus of variations in the eighteenth century. Its main ingredient is the Euler equation which was discovered a...

optimality of monetary and fiscal policies in iran: an application of the stochastic optimal control theory