Optimal control theory for differential equations is a pivotal discipline that combines rigorous mathematical analysis with practical applications in engineering, economics, and the natural sciences.

Merton, Robert C. "Analytical Optimal Control Theory as Applied to Stochastic and Non-Stochastic Economics." Diss., Massachusetts Institute of Technology (MIT), 1970.

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 ...

"We are surrounded by a huge number of systems - biological, technical, economic, which we can influence, which we can control. The task is to do it optimally, for example, reaching the desired point ...

We study Monge's optimal transportation problem, where the cost is given by an optimal control cost. We prove the existence and uniqueness of an optimal map under certain regularity conditions on the ...

Dr. Huizhong Zhou is a professor in the Department of Economics at Western Michigan University. Zhou teaches microeconomics, managerial economics and industrial organization at the undergraduate, ...

Learn to apply control systems in automotive, energy, aerospace, robotics, and manufacturing sectors. Apply feedback control laws to stabilize systems and achieve performance goals. Control systems ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...