Direct optimization methods for solving a complex state-constrained optimal control problem in microeconomics
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Publication:2518630
DOI10.1016/J.AMC.2008.05.035zbMath1151.91612OpenAlexW2169177734MaRDI QIDQ2518630
Helmut Maurer, Hans Josef Pesch
Publication date: 16 January 2009
Published in: Applied Mathematics and Computation (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.amc.2008.05.035
direct optimization methodsstate inequality constraintsbang-bang and singular controlcontrol of stocklabor and capitalmicroeconomic control modelverification of necessary and sufficient conditions
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Uses Software
Cites Work
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- On the implementation of an interior-point filter line-search algorithm for large-scale nonlinear programming
- On Optimal Control Problems with Bounded State Variables and Control Appearing Linearly
- A Survey of the Maximum Principles for Optimal Control Problems with State Constraints
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