For example, a Gauss–Newton-based decomposition algorithm has been proposed to approximate solutions of challenging mixed-integer optimal control problems by decomposing the original task into a ...

A model of optimal diet selection on depletable resources is presented which considers the effects of exploitative competitors on the optimal behavior. In the absence of any competitors, one of three ...

The model provides optimal values of soil loss and soil depth which maximize the stream of net farm income for planning horizons of different lengths. It is illustrated how optimal rates of soil ...

Merton, Robert C. "Analytical Optimal Control Theory as Applied to Stochastic and Non-Stochastic Economics." Diss., Massachusetts Institute of Technology (MIT), 1970.