The two major themes of this book are risk-sensitive control and path-integral or Hamiltonian formulation. It covers risk-sensitive certainty-equivalence princi

We discuss how to solve infinite-horizon optimal control problems with recursive preferences à la Hansen and Sargent (1995) when both backward and forward-look

The concept of a system as an entity in its own right has emerged with increasing force in the past few decades in, for example, the areas of electrical and con