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- W2129552838 endingPage "30" @default.
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- W2129552838 abstract "On the 30th anniversary of a meeting between engineers and economists at Princeton University to discuss the potential application of stochastic control methods to economics, this paper provides a review of past, present and paths ahead. The events surrounding some of the key developments of the past are described along with a discussion of the present state of the research and of paths for future research. The paper is structured around the primary methods for solving quadratic-linear economic stochastic control models, namely open loop, classical control, handcrafted feedback rules, optimal feedback, min–max control, optimal feedback rules with parameter uncertainty and dual control. The paper also includes a discussion of software developments in economic stochastic control modeling." @default.
- W2129552838 created "2016-06-24" @default.
- W2129552838 creator A5016298208 @default.
- W2129552838 date "2005-01-01" @default.
- W2129552838 modified "2023-10-18" @default.
- W2129552838 title "Stochastic control for economic models: past, present and the paths ahead" @default.
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- W2129552838 doi "https://doi.org/10.1016/j.jedc.2003.02.002" @default.
- W2129552838 hasPublicationYear "2005" @default.
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