Abstract: It is well-known that the optimal MSDISE (multistep delayed input and state estimation) solution is a smoothed result, which may not be practical for online estimation. In this paper, an ...
This project evaluates the performance of Minimum Variance (MV) portfolios constructed using industry-level return data and compares them against a simple Equal Weight (1/N) benchmark. While the ...
Abstract: Estimating unknown inputs in indoor heating, ventilation, and air conditioning (HVAC) systems, particularly under the influence of diverse environmental constraints and time-varying relative ...
This paper investigates robust optimization methods for mean-variance portfolio selection problems under the estimation risk in mean returns. We show that with an ellipsoidal uncertainty set based on ...