Decision & Control in Management Science Essays in Honor of Alai

Decision & Control in Management Science analyzes emerging decision problems in the management and engineering sciences. It is divided into five parts. The first part explores methodological issues involved in the optimization of deterministic and sto

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Advances in Computational Management Science VOLUME4

SERIES EDITORS Hans Amman, Eindhoven University oj Technology, The Netherlands Bere Rustern, Imperial College, London, United Kingdom

EDITORIAL BOARD Christopher Deissenberg, University

0/ Nantes,

France

Arthur Farley, University o/Oregon, USA

0/ Geneva, Switzerland University 0/ Texas at Austin, USA

Manfred Gilli, University David Kendrick,

David Luenberger, Stan/ord University, USA Rik Maes, University

0/ Amsterdam,

The Netherlands

Istvan Maros, Imperial College, UK lohn Mulvey, Princeton University, USA

0/ Massachusetts at Amherst, University 0/ Texas at Austin, USA

Anna Nagumey, University Soren Nielsen,

USA

Louis Pau, Ericsson, Alvsjo, Sweden Edison Tse, Stan/ord University, USA Andrew Whinston, University

0/ Texas at Austin,

USA

The titles published in this series are listed at the end oj this volume.

Decision & ControI in Management Science Essays In Honor of Alain Haurie Edited by

Georges Zaccour GERAD and HEC-Montreal, Canada

Springer Science+Business Media, LLC

ISBN 978-1-4419-4995-0 ISBN 978-1-4757-3561-1 (eBook) DOI 10.1007/978-1-4757-3561-1 Library of Congress Cataloging-in-Publication Data Decision & control in management science: essays in honor of Alain [sie] Haurie/edited by Georges Zaccour. p.cm - (Advances in computational management science;v.4) 1. Management science. 2. Operations research. I. Title: Decision and control in management science. II. Haurie, A. (Alain), 1940-III. Zaccour, Georges. IV.Series. T56.25.D432oo2 658.4--dc21

Copyright

2001053968

2002 by Springer Science+Business Media New York

Origina11y published by Kluwer Academic Publishers in 2002. Softcover reprint ofthe hardcover 1st edition 2002 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, mechanical, photo-copying, recording, or otherwise, without the prior written permission of the publisher, Springer Science+Business Media, LLC Printed on acid-free paper.

Contents

Preface

ix

Contributing Authors Part I

xv

Dynamical Systems and Optimization

1 Time, Risk and Confiicts

3

A. Haurie 2

Jump Linear System with Time-Delay: Stability, Stabilization, H oo Control and Their Robustness

31

E.K. Boukas and Z.K. Liu 3 On Impulsive Ordinary and Delay Differential Equations

53

F. Dubeau, J. Karrakchou, A. Ouansafi, and A. Sakat 4 On Direct Extremization of a Class of Integrals

67

G. Leitmann 5 On Optimal Policies of Multichain Finite State Compact Action Markov Decision Processes

79

A. Leizarowitz 6 A Bilevel Programming Approach to Optimal Price Setting

97

P. Marcotte and G. Savard Part II

Energy and Environmental Modeling

7 Swiss Policy Options to Curb C02 Emissions O. Bahn

121

8 Hydro-Quebec Reservoir Management with Wind Energy - The Modelling Approach G. Lafrance, L. Lafond, and C. Jacques

137

9 Using Advanced Technology::Rich Models for Regional and Global Economic Analysis of GHG Mitigation

153

R. Loulou and A . Kanudia

vi Part II