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A single-level control in Moran's problem with feedback
Authors:Lev Abolnikov
Affiliation:Department of Mathematics, Loyola Marymount University, Loyola Boulevard at West 80th Street, Los Angeles, CA 90045, U.S.A.
Abstract:Moran's well-known model for a dam is generalized to the case when both the random entering flow and outflow may depend on the current magnitude of the supply of water.
Keywords:Dam models  feedback  stochastic models
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