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optimal control theory

   Also found in: Acronyms, Wikipedia 0.02 sec.
optimal control theory [′äp·tə·məl kən′trōl ‚thē·ə·rē]
(control systems)
An extension of the calculus of variations for dynamic systems with one independent variable, usually time, in which control (input) variables are determined to maximize (or minimize) some measure of the performance (output) of a system while satisfying specified constraints.


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Optimal control theory is used to model the government decision-making process, and to develop and discuss a number of implications for taxing and enforcement behavior.
 
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