Limit value for optimal control with general means
نویسندگان
چکیده
منابع مشابه
Solving optimal control problems by means of general Lagrange functionals
The method of Lagrange functionals is applied to the optimal control of systems with quadratic and implicit dynamics.
متن کاملOptimal portfolio allocation with imposed price limit constraint
Daily price limits are adopted by many securities exchanges in countries such as the USA, Canada, Japan and various other countries in Europe and Asia, in order to increase the stability of the financial market. These limits confine the price of the financial asset during all trading stages of any trading day to a range, usually determined based on the previous day’s closing price. In this pape...
متن کاملGeneral limit value in Dynamic Programming
We consider a dynamic programming problem with arbitrary state space and bounded rewards. Is it possible to define in an unique way a limit value for the problem, where the “patience” of the decision-maker tends to infinity ? We consider, for each evaluation θ (a probability distribution over positive integers) the value function vθ of the problem where the weight of any stage t is given by θt,...
متن کاملA Generalized Singular Value Inequality for Heinz Means
In this paper we will generalize a singular value inequality that was proved before. In particular we obtain an inequality for numerical radius as follows: begin{equation*} 2 sqrt{t (1-t)} omega(t A^{nu}B^{1-nu}+(1-t)A^{1-nu}B^{nu}) leq omega(t A + (1- t) B), end{equation*} where, $ A $ and $ B $ are positive semidefinite matrices, $ 0 leq t leq 1 $ and $ 0 leq nu leq frac{3}{2}.$
متن کاملOptimal Stochastic Control in Continuous Time with Wiener Processes: General Results and Applications to Optimal Wildlife Management
We present a stochastic optimal control approach to wildlife management. The objective value is the present value of hunting and meat, reduced by the present value of the costs of plant damages and traffic accidents caused by the wildlife population. First, general optimal control functions and value functions are derived. Then, numerically specified optimal control functions and value func...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Discrete and Continuous Dynamical Systems
سال: 2015
ISSN: 1078-0947
DOI: 10.3934/dcds.2016.36.2113