Engineering
4 years ago

Future model uncertainty has minimal impact on optimal control decisions.

SSRN Electronic Journal
Robust Control: A Note on the Timing of Model Uncertainty
Arnulfo Rodríguez

Paper Summary

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The article explores how changes in future uncertainty affect optimal control decisions. Results show that future uncertainty has a smaller impact on control decisions compared to current uncertainty. The further into the future the uncertainty changes, the less effect it has on control decisions. This study confirms that current uncertainty has a stronger influence on control decisions than future uncertainty.