Since mid-September, when former U.S. Treasury Secretary Larry Summers withdrew his name from consideration to replace Ben Bernanke as chairman of the Federal Reserve next year, market participants ...

Inverse optimal control (IOC) is an advanced methodological framework that seeks to deduce the underlying cost or reward functions based solely on the observation of optimal behaviour. Traditionally, ...

Optimal control problems and variational inequalities form a rich interdisciplinary area that bridges the disciplines of mathematical analysis, numerical methods and engineering applications. At its ...

The natural Hamiltonian function in optimal control is generally not differentiable. However, it is possible to use the theory of generalized gradients (which we discuss as a preliminary) to obtain ...