It has been suggested that excitatory and inhibitory inputs to cortical cells are balanced, and that this balance is important for the highly irregular firing observed in the cortex. There are two hypotheses as to the origin of this balance. One assumes that it results from a stable solution of the recurrent neuronal dynamics. This model can account for a balance of steady state excitation and ...

We define and examine the performance of three minimal strategic market games (sell-all, buy-sell, and double auction) in laboratory relative to the predictions of theory. Unlike open or partial equilibrium settings of most other experiments, these closed exchange economies have limited amounts of cash to facilitate transactions, and include feedback. General equilibrium theory, since it abstra...

Abstract—We formulate a two-team linear quadratic stochastic dynamic game featuring two opposing teams each with decentralized information structures. We introduce the concept of mutual quadratic invariance (MQI), which, analogously to quadratic invariance in (single team) decentralized control, defines a class of interacting information structures for the two teams under which optimal linear f...

Since John Taylor’s (1993) seminal paper, a large literature has argued that active interest rate feedback rules, that is, rules that respond to increases in inflation with a more than one-for-one increase in the nominal interest rate, are stabilizing. In this paper, we argue that once the zero bound on nominal interest rates is taken into account, active interest-rate feedback rules can easily...

ÐIn this paper, the Dynamic Trac Routing problem is de®ned as the real-time point diversion of trac during non-recurrent congestion. This dynamic trac routing problem is then formulated as a feedback control problem that determines the time-dependent split parameters at the diversion point for routing the incoming trac ̄ow onto the alternate routes in order to achieve a user-equilibrium tra...

Dimerization of the epidermal growth factor receptor (EGFR) is crucial for initiating signal transduction. We employed raster image correlation spectroscopy to continuously monitor the EGFR monomer-dimer equilibrium in living cells. EGFR dimer formation upon addition of EGF showed oscillatory behavior with a periodicity of about 2.5 min, suggesting the presence of a negative feedback loop to mo...

We consider the linear quadratic differential games for positive linear systems with the feedback information structure and two players. The accelerated Newton method to obtain the stabilizing solution of a corresponding set of Riccati equations is presented in [6], where the convergence properties are established. In addition, the Lyapunov iterative method to compute the Nash equilibrium point...

We develop an overlapping generations equilibrium model of the U.S. labor market, and fit it to PSID data from 1968-1996. Our main innovation is a much finer distinction among types of labor than in prior work – i.e., labor is differentiated by 1-digit occupation, education, gender and age, giving 160 types. This is important, as prior work has shown that: (i) wage and employment patterns over ...

Plus BROWSE SEARCH IEEE XPLORE GUIDE SUPPORT View TOC Rotating stall control for axial flow compressors Belta, C. Guoxiang Gu Sparks, A. Banda, S. Dept. of Electr. & Comput. Eng., Louisiana State Univ., Baton Rouge, LA; This paper appears in: Decision and Control, 1998. Proceedings of the 37th IEEE Conference on Publication Date: 1998 Volume: 3, On page(s): 2557-2562 vol.3 Meeting Date: 12/16/1...

Feedback circuits are crucial dynamic motifs which occur in many biomolecular regulatory networks. They play a pivotal role in the regulation and control of many important cellular processes such as gene transcription, signal transduction, and metabolism. In this study, we develop a novel computationally efficient method to identify feedback loops embedded in intracellular networks, which uses ...