Decision making, Z-transform, Linear decision analysis, Optimal decision rules, Optimal control rules
Econometrics | Economic Theory
Linear decision rules for controlling complex systems are often obtained by matrix inversion, but transform methods offer an alternative approach that yields insights into the structure of the decision problem of maximizing expected payoffs under constraints.
Hay, George A. and Holt, Charles C., "A General Solution for Linear Decision Rules: An Optimal Dynamic Strategy Applicable Under Uncertainty" (1975). Cornell Law Faculty Publications. Paper 1162.
Published in: Econometrica, vol. 43, no. 2 (March 1975).