Robust Control: A Note on the Response of the Control to Changes in the 'Free' Parameter
Posted: 27 Aug 2008
Date Written: 2005
In this paper an analytical framework using robust control was developed for the one-state, one-control variable model to examine the response of the control to changes in the "free" parameter. It was found that the response is characterized by a hyperbolic shape.
Keywords: Optomal control, Approximating model, Robustness
JEL Classification: C61, E61
Suggested Citation: Suggested Citation