optimal capacitor placement, considering power system loss reduction, voltage profile improvement, line reactive power decrease and power factor correction, is of particular importance in power system planning and control. the distribution system operator calculates the optimal place, number and capacity of capacitors based on two major purposes: active power loss reduction and return on invest...

The study of the existence and the structure of solutions of optimal control problems defined on infinite intervals and on sufficiently large intervals has recently become a rapidly growing area of research. See, for example, [2], [4]-[9], [13, 14,17,18], [22]-[26], [30] and the references mentioned therein. These problems arise in engineering [1,12,15], in models of economic growth [11,19,21,2...

Levee setback location and height are important issues in flood levee system design and modification. This paper derives an economic-engineering theory of the optimal trade-off of levee setback for height both for original and redesigned flood levees, demonstrating the interconnection of levee setback, height, costs and risks, and economically optimal design. These analyses assume stationary fl...

I propose a technique, counting ‘equations’ and ‘unknowns’, for determining when the posterior distributions of the parameters of a linear regression process converge to their true values. This is applied to examples and to the infinite-horizon optimal control of this linear regression process with learning, and in particular to the problem of a monopolist seeking to maximize profits with unkno...

An endogenous growth model is examined where individuals optimize consumption and tax evasion over time given the tax structure and tax compliance policy of the government. Applying methods of stochastic optimal control, the individual’s problem is solved and the rate of economic growth is derived. It is shown that for a given tax policy tax evasion spurs growth because it leads to higher savin...

In this paper, I explore the optimal extent to which the central bank should disseminate information among private agents. Individual firms are assumed to have diverse private information, and the central bank provides public information either implicitly, by setting its policy instrument, or explicitly, by making announcements about its short-run targets. The optimal degree of economic transpa...

As the transition to electric mobility is expanding at a rapid pace, operationally feasible and economically viable charging infrastructure needed support electrified fleets. This paper presents co-simulation of optimal vehicle supply equipment (EVSE) techno-economic system design models investigate behaviors various EVSE configurations from cost technical aspects. While optimization performed ...

The problem of optimal sensor locations in nonparametric identification of viscoelastic materials is considered. Different criteria of the covariance matrix, connected to Aand D-optimal experiment design, are considered and evaluated. The results of the paper can be used to design experiments with improved accuracy of the estimates. Copyright c 2005 IFAC.