Direct optimization methods for solving a complex state-constrained optimal control problem in microeconomics.
Helmut MaurerHans Josef PeschPublished in: Appl. Math. Comput. (2008)
Keyphrases
- optimization methods
- optimal control
- simulated annealing
- optimization method
- control problems
- dynamic programming
- optimization problems
- feedback control
- stochastic methods
- global convergence
- control strategy
- class of nonlinear systems
- optimization approaches
- state space
- infinite horizon
- gradient method
- unconstrained optimization
- risk sensitive
- optimal control problems
- hamilton jacobi bellman
- efficient optimization
- reinforcement learning
- closed loop
- markov decision problems
- cost function
- control system
- direct optimization