Agency costs are internal costs that arise from an agent who acts on behalf of a principal in some situations.

Discover how Long Run Incremental Cost (LRIC) affects business decisions and pricing strategy with insights on cost prediction, investment impact, and financial control.

Abstract: In racing sports, driving strategies necessitate meticulous control and optimal utilization of vehicle dynamics. Model predictive control (MPC) has emerged as an effective approach for ...

Abstract: Inverse optimal control (IOC) seeks to infer a control cost function that captures the underlying goals and preferences of expert demonstrations. While significant progress has been made in ...