Article ID: | iaor20014006 |
Country: | Netherlands |
Volume: | 88 |
Start Page Number: | 199 |
End Page Number: | 214 |
Publication Date: | Jun 1999 |
Journal: | Annals of Operations Research |
Authors: | Leitmann G., Lee C.S. |
We discuss one aspect of the allocation of new scientists to teaching and research careers. In the past, this allocation problem was treated on the basis of a model with known parameters and as a classical optimal control problem with the allocation proportion as the sole control. The utility function took both short- and long-term goals into account. Here, we allow for uncertainty in the possibly time-varying system parameters. We account for the possibility of new scientists choosing careers other than teaching and research. Finally, we treat the allocation problem not as an open-loop optimal control one, but rather as one of robust control, insensitive to the system uncertainties, in order to assure the desired numbers of teachers and scientists within a computable horizon.