We give a variational inequality sufficient condition for optimal stopping problems. This result is illustrated by computing solutions to an optimal stock selling problem. The stock selling problemâ€¦ (More)

Linear quadratic adaptive stochastic problems are important in Engineering and have a long history. Some very early papers on adapt ive control are [71 where they are called dual control â€¦ (More)

For a simple model of a stock, whose stock price is a geometric Brownian motion in which the drift rate changes back and forth between positive and negative values, optimal selling times areâ€¦ (More)

A variational approach is taken to derive optimality conditions for a discrete time linear quadratic adaptive stochastic optimal control problem. These conditions lead to an algorithm for computingâ€¦ (More)

cessesâ€™ i n w h i c h t h e r e i s a spec ia l s t ruc tu re . Fo r t hese p r o b l e m s t h e s t a t e o f t h e s y s t e m may vary between jumps o f the observed process bu t a t eachâ€¦ (More)

1981 20th IEEE Conference on Decision and Controlâ€¦

1981

The group preventive maintenance problem is used to illustrate problems of computing with the optimality conditions for continuous time contolled jump processes. It is claimed that considerations forâ€¦ (More)

A herding pursuit evasion problem is studied where the agent pursuer is considered the control action for moving the agent evader to a fixed location using the dynamics of their interaction, suchâ€¦ (More)