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Control (optimal control theory)

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In optimal control theory, a control is a variable chosen by the controller or agent to manipulate state variables, similar to an actual control valve. Unlike the state variable, it does not have a predetermined equation of motion.[1]

See also

References

  1. ^ Ferguson, Brian S.; Lim, G. C. (1998). Introduction to Dynamic Economic Problems. Manchester: Manchester University Press. p. 162. ISBN 0-7190-4996-2.