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 ...
Large and complex information requires arbitrarily extensive displays for an exact, comprehensive visualization. This paper introduces a technique, time-multiplexing, for presenti...
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...
It has been established recently that, under mild conditions, deterministic long run average problems of optimal control are "asymptotically equivalent" to infinite-dimen...
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...