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- W1564200026 abstract "The title of this session pitting Dynamic Programming against Control Theory is misleading since dynamic programming (DP) is an integral part of the discipline of control theory. However, it is timely to discuss the relative merits of DP and other empirical solution approaches to control problems in agricultural economics, and equally importantly, how control theory can be used to pose more useful and realistic problems. From this point in the paper I shall, like Burt, use the term Dynamic Programming (DP) to mean the classic solution procedure developed by Bellman. All the other solution approaches used to solve multiperiod problems, including Differential Dynamic Programming [Jacobson and Mayne], are termed" @default.
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- W1564200026 date "1982-12-01" @default.
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- W1564200026 title "Multiperiod Optimization: Dynamic Programming vs. Optimal Control: Discussion" @default.
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- W1564200026 doi "https://doi.org/10.22004/ag.econ.32274" @default.
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