Optimal Stochastic Linear Systems with Exponential Performance Criteria and their Relation to Deterministic Differential Games
Abstract
In the report two stochastic optimal control problems are solved whose performance criteria are the expected values of exponential functions of quadratic forms. The optimal controller is linear in both cases but depends upon the covariance matrix of the additive process noise so that the Certainty Equivalence Principle does not hold. The controllers are shown to be equivalent to those obtained by solving a cooperative and a noncooperative quadratic (differential) game, and this leads to come interesting interpretations and observations. Some stability properties of the asymptotic controllers are discussed.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1972
- Accession Number
- AD0740377
Entities
People
- D. H. Jacobson
Organizations
- Harvard University