Es werden LabVIEW-Simulationsprogramme für das regelungstechnische Praktikum beschrieben, die intensiven Gebrauch von MATLAB-Skript-Nodes machen. Ein verfahrenstechnischer Prozess und ein Antriebssystem werden modellprädiktiv geregelt. Die Auswirkungen von Begrenzungen, die Teil der...

In this paper we develop several regression algorithms for solving general stochastic optimal control problems via Monte Carlo. This type of algorithms is particularly useful for problems with a highdimensional state space and complex dependence structure of the underlying Markov process with...

Banks should evaluate whether a borrower is likely to default. The author applies several techniques in the extensive mathematical literature of stochastic optimal control/dynamic programming to derive an optimal debt in an environment where there are risks on both the asset and liabilities...

A healthy financial system encourages the efficient allocation of capital and risk. The collapse of the house price bubble led to the financial crisis that started in 2007. There is a large empirical literature concerning the relation between asset price bubbles and financial crises. I evaluate...