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NIPS
2008
13 years 9 months ago
Adapting to a Market Shock: Optimal Sequential Market-Making
We study the profit-maximization problem of a monopolistic market-maker who sets two-sided prices in an asset market. The sequential decision problem is hard to solve because the ...
Sanmay Das, Malik Magdon-Ismail
VIIP
2001
13 years 9 months ago
Visualization Channels: Time Multiplexing on a Display
Large and complex information requires arbitrarily extensive displays for an exact, comprehensive visualization. This paper introduces a technique, time-multiplexing, for presenti...
Delbert Hart, Mihail Eduard Tudoreanu
AUTOMATICA
2007
97views more  AUTOMATICA 2007»
13 years 8 months ago
Control of dynamic keyhole welding process
Weld joint penetration control is a basic research topic in the welding research community. The authors propose using an innovative plasma arc welding process referred to as the q...
Y. M. Zhang, Y. C. Liu
SIAMCO
2008
70views more  SIAMCO 2008»
13 years 7 months ago
Duality in Linear Programming Problems Related to Deterministic Long Run Average Problems of Optimal Control
It has been established recently that, under mild conditions, deterministic long run average problems of optimal control are "asymptotically equivalent" to infinite-dimen...
Luke Finlay, Vladimir Gaitsgory, Ivan Lebedev
QUESTA
2006
87views more  QUESTA 2006»
13 years 7 months ago
Some universal limits for nonhomogeneous birth and death processes
In this paper we consider nonhomogeneous birth and death processes (BDP) with periodic rates. Two important parameters are studied, which are helpful to describe a nonhomogeneous B...
Alexander I. Zeifman, S. Leorato, E. Orsingher, Ya...