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Article
Mean Field Social Control for Production Output Adjustment with Noisy Sticky Prices
This paper is concerned with mean field social control for dynamic production adjustment. We first introduce a social control problem with many firms in a market, where the price is sticky and affected by rand...
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Article
An online value iteration method for linear-quadratic mean field social control with unknown dynamics
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Social Optima in Linear Quadratic Mean-field Output Feedback Control
This paper studies social optimal control problem for linear quadratic mean-field system with noisy output. For the output feedback control, each agent needs to estimate not only its own state but also the pop...
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Chapter
Application of Hand-Held Electrospinning Devices in Medicine
The current situation of traditional nanofiber preparation devices appears in difficult transportation, the requirement of external power supply, and poor flexibility. With the aim of solving the problem of li...
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Local asymptotics of a Markov modulated random walk with heavy-tailed increments
In this paper, we obtain sufficient and necessary conditions for local asymptotics for the maximum of a Markov modulated random walk with long-tailed increments and negative drifts, where the local asymptotics...