Abstract
This paper deals with the stabilization problem of nonlinear control systems. A variant of the receding horizon control method is proposed which is based on the solution of a certain Bolza problem. The stabilizing property of the method is proved in the case of Lipschitz continuous value function. This version of receding horizon scheme can be considered as a straightforward generalization of the so-called Fake Riccati Equation Technique for nonlinear constrained systems.
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