How are affine models used for predictive control?

Jan 14, 2025 ... We investigate oil price expectations obtained from (i) a Gaussian affine term structure ... Informational frictions and commodity markets. The. In contrast, when the government ob- serves sales, rather than actual consumption, a tax arbitrage exists. Uniform affine consumption taxes prevent side trades. Dec 12, 2022 ... ... affine function of p. Then γ(a) (resp., α(a)) can be identified as a ... Aggregation, determinacy, and informational efficiency for a class. Sep 16, 2010 ... It is also caused by the informational and contractual linkages between firms, which provide a channel for the propagation of financial ... ... informational content from options is incorporated into the parameter estimation process, the inclusion of fractionally integrated dynamics in volatility is ... The rest of the paper considers models with quadratic payoffs and affine information structure which yield computable Bayesian-Cournot equilibria and. min formulations while maintaining their appealing low informational requirements is through the ... affine policy” of past disturbances, i.e. a pricing policy of ... The results are applied to special (phase space) representations of the Heisenberg, affine, and Ga- lilei groups. 0 1995 American Institute of Physics. I. The first is the theory of affine and polynomial processes and their ... Filipovic) [Article | arXiv], Stochastic Systems, 10(5), 1-97, 2020. Informational ... under optimal information structure must be a convex, piecewise affine function. Finally, if we regard u as the “integral distribution function” of the ...