Transversality conditions for infinite horizon optimality: higher order differential problems

DOI10.1016/j.na.2009.02.110zbMath1238.49038arXiv1004.3093OpenAlexW2060950509MaRDI QIDQ424384

Takashi Gyoshin Nitta, Ryuhei Okumura, Dapeng Cai

Publication date: 31 May 2012

Published in: Nonlinear Analysis. Theory, Methods \& Applications. Series A: Theory and Methods (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1004.3093

zbMATH Keywords

infinite horizondynamic optimizationtransversality conditionunboundedhigher order differential problems

Mathematics Subject Classification ID

Optimality conditions for problems in abstract spaces (49K27)

Related Items

Higher-order infinite horizon variational problems in discrete quantum calculus, A linearized relaxing algorithm for the specific nonlinear optimization problem, Necessary optimality conditions for higher-order infinite horizon variational problems on time scales, Optimal solutions to the infinite horizon problems: constructing the optimum as the limit of the solutions for the finite horizon problems, Global optimization for the sum of certain nonlinear functions, General necessary conditions for infinite horizon fractional variational problems

Cites Work

• Limit of the solutions for the finite horizon problems as the optimal solution to the infinite horizon optimization problems
• Some Clarifications on the Transversality Condition
• Transversality Conditions for Some Infinite Horizon Discrete Time Optimization Problems
• Necessity of Transversality Conditions for Infinite Horizon Problems
• On Existence of Weakly Maximal Programmes in a Multi-Sector Economy