Nature

Optimal Control and Mean Field Games

Optimal control theory provides a mathematical framework for devising strategies that steer dynamical systems towards a desired performance while minimising a prescribed cost function. In recent ...
Harvard Business School

Analytical Optimal Control Theory as Applied to Stochastic and Non-Stochastic Economics

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

Optimal Control Theory for Differential Equations

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.
JSTOR Daily

Optimal Procurement Contract with Cost Overruns

https://doi.org/10.15609/annaeconstat2009.133.0109 • https://www.jstor.org/stable/10.15609/annaeconstat2009.133.0109 Copy URL This paper studies the optimal ...
JSTOR Daily

The Optimal Number of Firms in the Commons: A Dynamic Approach

The Canadian Journal of Economics / Revue canadienne d'Economique, Vol. 30, No. 4b (Nov., 1997), pp. 1143-1160 (18 pages) We consider a common-property resource sold in imperfectly competitive markets ...
The Chronicle of Higher Education

3 Scholars Share Economics Nobel for Theory of Optimal Allocation

In a three-way allocation, the Nobel Memorial Prize in Economic Science was awarded moments ago to Leonid Hurwicz, of the University of Minnesota-Twin Cities; Eric S. Maskin, of the Institute for ...