NDLI: Risk Sensitive Control of Complex Dynamical Systems

Content Provider	IEEE Xplore Digital Library
Author	Baillieul, J.
Copyright Year	2006
Description	Author affiliation: Coll. of Eng., Boston Univ., MA (Baillieul, J.)
Abstract	While classical models of risk in insurance and financial markets have been effectively treated by the methods of stochastic and adaptive processes, a wide variety of new technologies will require qualitatively different methods which emphasize risk due to constraints on spatial and temporal distribution of information, risk due to scale, and risk due to extreme sensitivity to changes in operating conditions. This paper explores elements of risk in complex dynamical systems which arise from sensitivity to operating conditions. It is argued that complexity based risk of this type is an essential part of what makes competitive athletics interesting. To explore this proposition, a simple interval mapping game is proposed. Analysis of the game dynamics shows that complexity based risk cannot be completely eliminated although it is possible to plan play strategies to manage it
Starting Page	2872
Ending Page	2877
File Size	741077
Page Count	6
File Format	PDF
ISBN	1424401712
DOI	10.1109/CDC.2006.377487
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2006-12-13
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Control systems Uncertainty Insurance Satellite broadcasting USA Councils Stochastic systems Programmable control Adaptive control Risk analysis Risk management
Content Type	Text
Resource Type	Article

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

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