Hybrid control system composed of a base isolation system and a magneto-rheological damper so-called smart base isolation is one of effective semi-active control system in controlling the seismic response of structures. In this paper, a design method is proposed for designing the smart base isolation system in order to achieve an effective performance under multiple earthquakes. The base mass, ...

When developing efficient and reliable computer-aided control system design (CACSD) tools for low-order robust control systems analysis and synthesis, the main issue faced by theoreticians and practitioners is the non-convexity of the stability domain in the space of polynomial coefficients, or equivalently, in the space of design parameters. In this paper, we survey some of the recently develo...

The timing option embedded in a futures contract allows the short position to decide when to deliver the underlying asset during the last month of the contract period. In this paper we derive, within a very general incomplete market framework, an explicit model independent formula for the futures price process in the presence of a timing option. We also provide a characterization of the optimal...