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In this paper, we investigate system theoretic properties of transient average constrained economic model predictive control (MPC) without terminal constraints. We show that the optimal open-loop solution passes by the optimal steady-state…

Systems and Control · Electrical Eng. & Systems 2020-10-21 Mario Rosenfelder , Johannes Köhler , Frank Allgöwer

The paper establishes the central limit theorems and proposes how to perform valid inference in factor models. We consider a setting where many counties/regions/assets are observed for many time periods, and when estimation of a global…

Econometrics · Economics 2023-06-22 Stanislav Anatolyev , Anna Mikusheva

We propose an automata-theoretic approach for reinforcement learning (RL) under complex spatio-temporal constraints with time windows. The problem is formulated using a Markov decision process under a bounded temporal logic constraint.…

Artificial Intelligence · Computer Science 2023-08-01 Xiaoshan Lin , Abbasali Koochakzadeh , Yasin Yazicioglu , Derya Aksaray

We consider the problem of optimal portfolio selection under forward investment performance criteria in an incomplete market. The dynamics of the prices of the traded assets depend on a pair of stochastic factors, namely, a slow factor…

Mathematical Finance · Quantitative Finance 2015-09-25 Mykhaylo Shkolnikov , Ronnie Sircar , Thaleia Zariphopoulou

Robustness guarantees are important properties to be looked for during control design. They ensure stability of closed-loop systems in face of uncertainties, unmodeled effects and bounded disturbances. While the theory on robust stability…

Systems and Control · Electrical Eng. & Systems 2022-10-10 Samuele Zoboli , Daniele Astolfi , Vincent Andrieu

This paper compares two different frameworks recently introduced in the literature for measuring risk in a multi-period setting. The first corresponds to applying a single coherent risk measure to the cumulative future costs, while the…

Risk Management · Quantitative Finance 2015-03-19 Dan A. Iancu , Marek Petrik , Dharmashankar Subramanian

In the paper, the martingales and super-martingales relative to a regular set of measures are systematically studied. The notion of local regular super-martingale relative to a set of equivalent measures is introduced and the necessary and…

Statistical Finance · Quantitative Finance 2018-10-23 N. S. Gonchar

In many mobile robotics scenarios, such as drone racing, the goal is to generate a trajectory that passes through multiple waypoints in minimal time. This problem is referred to as time-optimal planning. State-of-the-art approaches either…

Robotics · Computer Science 2020-08-04 Philipp Foehn , Davide Scaramuzza

Invariance times are stopping times $\tau$ such that local martingales with respect to some reduced filtration and an equivalently changed probability measure, stopped before $\tau$ , are local martingales with respect to the original model…

Probability · Mathematics 2024-07-23 Stéphane Crépey

A new type of spatial-temporal correlation in the process approaching to the self-organized criticality is investigated for the two simple models for biological evolution. The change behaviors of the position with minimum barrier are shown…

Biological Physics · Physics 2009-11-06 C. B. Yang , X. Cai , Z. M. Zhou

We address the problem of policy evaluation in discounted Markov decision processes, and provide instance-dependent guarantees on the $\ell_\infty$-error under a generative model. We establish both asymptotic and non-asymptotic versions of…

Machine Learning · Statistics 2020-03-17 Koulik Khamaru , Ashwin Pananjady , Feng Ruan , Martin J. Wainwright , Michael I. Jordan

We consider time-delay systems with a finite number of delays in the state space $L^\infty\times\mathbb{R}^n$. In this framework, we show that forward completeness implies the bounded reachability sets property, while this implication was…

Optimization and Control · Mathematics 2024-03-12 Lucas Brivadis , Antoine Chaillet , Andrii Mironchenko , Fabian Wirth

This paper studies satisfying temporal logic specifications on stochastic dynamical systems, where the predicates evolve randomly over time. Such randomness may arise from uncertain environment models or external stochastic processes…

Optimization and Control · Mathematics 2026-05-12 Mohammad H. Mamduhi , Sadegh Soudjani

Predefined-time stability enables convergence within a user-specified time independent of initial conditions. Existing results are predominantly based on autonomous Lyapunov inequalities, where the predefined-time is realized through…

Systems and Control · Electrical Eng. & Systems 2025-12-30 Özhan Bingöl

We study nonasymptotic (finite-sample) confidence intervals for treatment effects in randomized experiments. In the existing literature, the effective sample sizes of nonasymptotic confidence intervals tend to be looser than the…

In this paper, we formulate a general time-inconsistent stochastic linear--quadratic (LQ) control problem. The time-inconsistency arises from the presence of a quadratic term of the expected state as well as a state-dependent term in the…

Optimization and Control · Mathematics 2011-11-04 Ying Hu , Hanqing Jin , Xun Yu Zhou

We analyze Receding Horizon Games without any MPC-like terminal ingredients. We show that recursive feasibility can be inferred from the turnpike phenomenon under mild assumptions. Moreover, we prove sufficient conditions for practical…

Systems and Control · Electrical Eng. & Systems 2026-05-13 Sophie Hall , Florian Dörfler , Timm Faulwasser

We study the temporal robustness of temporal logic specifications and show how to design temporally robust control laws for time-critical control systems. This topic is of particular interest in connected systems and interleaving processes…

Systems and Control · Electrical Eng. & Systems 2022-07-26 Alëna Rodionova , Lars Lindemann , Manfred Morari , George J. Pappas

We study dynamic risk measures in a very general framework enabling to model uncertainty and processes with jumps. We previously showed the existence of a canonical equivalence class of probability measures hidden behind a given set of…

Probability · Mathematics 2010-12-30 Jocelyne Bion-Nadal , Magali Kervarec

We study fundamental performance limitations of distributed feedback control in large-scale networked dynamical systems. Specifically, we address the question of whether dynamic feedback controllers perform better than static (memoryless)…

Optimization and Control · Mathematics 2019-03-14 Emma Tegling , Partha Mitra , Henrik Sandberg , Bassam Bamieh