We study a model that incorporates a budget constraint in a decision making problem. Our goal is to maximize the expected wealth, where in each time period we can either stop the ...
Abstract. We develop a partial equilibrium model to investigate the problem of optimal liquidation over a finite or infinite time horizon for an investor with large holdings in a r...
In this paper, we study a sequential decision making problem. The objective is to maximize the average reward accumulated over time subject to temporal cost constraints. The novel...
Abstract-- This paper presents a control theoretic formulation and optimal control solution for integrating human control inputs subject to linear state constraints. The formulatio...
Event-triggered control systems are systems in which the control signal is recomputed when the plant's output signal leaves a triggering-set. There has been recent interest in...