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We focus on the development of a Lyapunov-based economic model predictive control (LEMPC) method for a class of switched nonlinear systems for which the mode transitions take place according to a prescribed switching schedule. In contrast to steady-state operation of conventional model predictive control (MPC) methods which use a quadratic objective function in their formulations, LEMPC utilizes a general (non-quadratic) cost function which may directly address economic considerations and maydoi:10.1016/j.sysconle.2012.11.002 fatcat:nvlsbczwyrbwfjnzadsez7e3hy