Control of linear systems with rational expectationsthe case of incomplete information

  1. Cerdá Tena, Emilio
Zeitschrift:
Trabajos de investigación operativa

ISSN: 0213-8204

Datum der Publikation: 1992

Nummer: 7

Seiten: 51-61

Art: Artikel

DOI: 10.1007/BF02888256 DIALNET GOOGLE SCHOLAR lock_openOpen Access editor

Andere Publikationen in: Trabajos de investigación operativa

Zusammenfassung

The problem of optimal control of linear economic systems with rational expectations and quadratic objective function is solved for the case of incomplete information. The case of complete information has been previously studied. In both problems the hypothesis of causality is not satisfied and, therefore, the standard techniques of control theory cannot be directly applied, though the method used is based on these techniques.