• DocumentCode
    2999778
  • Title

    An updated open-loop control strategy for socio-economic systems

  • Author

    Hanson, D.A. ; Perkins, W.R. ; Cruz, J.

  • Author_Institution
    Ohio State University, Columbus, Ohio
  • fYear
    1972
  • fDate
    13-15 Dec. 1972
  • Firstpage
    149
  • Lastpage
    150
  • Abstract
    The appropriateness of an updated open-loop stochastic control strategy for the regulation of socio-economic systems will be discussed. A near-optimal solution procedure is suggested which involves transforming the stochastic control problem into an adaptive control problem. The results of an application to regional development planning will also be discussed.
  • Keywords
    Adaptive control; Cities and towns; Control systems; Feedback; Open loop systems; Optimal control; Performance analysis; Stochastic processes; Stochastic systems; Strategic planning;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Decision and Control, 1972 and 11th Symposium on Adaptive Processes. Proceedings of the 1972 IEEE Conference on
  • Conference_Location
    New Orleans, Louisiana, USA
  • Type

    conf

  • DOI
    10.1109/CDC.1972.268967
  • Filename
    4044890