Biological invasions are increasingly commonplace, driven primarily by the accidental
human transport of exotic species via shipping or trade. The economic impacts can be …

Dynamic optimization (DO) has been applied to aquaculture industry to determine optimal
management strategies of aquaculture production systems. Optimal control of feeding …

In this paper, new and efficient algorithms for solving optimal control problems and the
controlled Duffing oscillator are presented. The solution is based on state parameterization …

Abstract The North-East Arctic cod (Gadus morhua) fishery, as most other commercial
fisheries, is wasting the larger part of its potential. Examining a detailed multi-cohort, multi …

North-East Arctic cod is shared by Russia and Norway. Taking its multi-cohort structure into
account, how would optimal management look like? How would non-cooperative …

Bankruptcy and recovery prediction models are often used in auditing, large corporate
transactions (M&A, strategic alliances, etc.), investment decision-making, and in the judicial …

Abstract Dynamic Stochastic General Equilibrium (DSGE) models have become the
fundamental theoretical framework in current macroeconomic analysis. However, with very …

Using an optimal control model, we explore the reaction of a firm's optimal investment into
an R&D program that aims at non-carbon technologies under uncertainties about a future …

Receding Horizon Controllers are one of the mostly used advanced control solutions in the
industry. By utilizing their possibilities we are able to predict the possible future behavior of …

To reduce the effects of modeling imprécisions, in the traditional “Receding Horizon Control”
that works with finite horizon lengths, in the consecutive horizon-length cycles, the actually …