Stochastic optimality in the portfolio tracking problem involving investor’s temporal preferences
The application of neural networks for prediction of long-term changes of observed parameter on the example of thermal treatment control of concrete products is considered. Experimental results are presented, and the algorithm of the work plan of an actuating mechanism is proposed.
The Working Paper examines the peculiarities of the Russian model of corporate governance and control in the banking sector. The study relies upon theoretical as well as applied research of corporate governance in Russian commercial banks featuring different forms of ownership. We focus on real interests of all stakeholders, namely bank and stock market regulators, bank owners, investors, top managers and other insiders. The Anglo-American concept of corporate governance, based on agency theory and implying outside investors’ control over banks through stock market, is found to bear limited relevance. We suggest some ways of overcoming the gap between formal institutions of governance and the real life.
Soft Computing (SC) is a consortium of fuzzy logic (FL), neurocomputing (NC), evolutionary computing (EC), probabilistic computing (PC), chaotic computing (CC) and parts of machine learning theory (ML). SC is the foundation for computational intelligence and is leading to the development of numerous hybrid intelligent information, control and decision-making systems. The methodology of computing with words (CW) is an important event in the evolution of cognitive science, natural language processing, artificial intelligence, and different existing scientific theories. This is because CW can enrich the existing scientific theories and the above-mentioned science fields giving them the capability of using natural languages to operate on perception-based information, not only measurement-based information. Indeed in many real-world problems in natural sciences as well as in industrial engineering, economics, and business, often there is a need to deal with both perception and measurement based information. In the case of perception based information, the available information is not precise enough to justify the use of numbers. Such information is usually described in natural languages rather than in strict (idealized) mathematical expressions. So a strong need has appeared for a new approach, theory and technology for the development of knowledge representation, computing, and reasoning tools that allow creation of systems with high MIQ. The sessions of the ICSCCW-2011 will focus on the development and application of Soft Computing technology and computing with words paradigm in system analysis, decision and control.
This article is devoted international experience of involvement experts to realization control and supervise public functions. Russian practice analysis is revealed some problems in this field. The main purpose of this research concludes in detection of regularities of involvement experts and search the possible solutions of existing problems in the field of involvement experts in Russia.
The International Conference on Computers Communications and Control (ICCCC) has been founded in 2006 by I. Dzitac, F.G. Filip and M.-J. Manolescu and organized every even year by Agora University of Oradea, under the aegis of the Information Science and Technology Section of Romanian Academy and IEEE - Romania Section. 2016 edition is Co-Sponsored by IEEE Region 8 - Europe, Middle East, Africa. The goal of this conference is to bring together international researchers, scientists in academia and industry to present and discuss in a friendly environment their latest research findings on a broad array of topics in computer networking and control.
The article examines the problems of delegation of public powers of authority to self-regulated organizations: public powers of authority which may be delegated, spheres of state administration, where delegation of powers is not allowed, validity of control over realization of delegated powers in all cases of such delegation and responsibility of the state for the acts of private persons who exercise public powers of authority.
We study a dynamic price model in an economy with multiplicative uncertainty. The cost corresponding to a particular control strategy includes agents’ time preference. Almost sure overtaking optimal control is derived and its properties are investigated.
This proceedings publication is a compilation of selected contributions from the “Third International Conference on the Dynamics of Information Systems” which took place at the University of Florida, Gainesville, February 16–18, 2011. The purpose of this conference was to bring together scientists and engineers from industry, government, and academia in order to exchange new discoveries and results in a broad range of topics relevant to the theory and practice of dynamics of information systems. Dynamics of Information Systems: Mathematical Foundation presents state-of-the art research and is intended for graduate students and researchers interested in some of the most recent discoveries in information theory and dynamical systems. Scientists in other disciplines may also benefit from the applications of new developments to their own area of study.
A form for an unbiased estimate of the coefficient of determination of a linear regression model is obtained. It is calculated by using a sample from a multivariate normal distribution. This estimate is proposed as an alternative criterion for a choice of regression factors.