When can it be not optimal to adopt a new technology? A viability theory solution to a two-stage optimal control problem of new technology adoption
From MaRDI portal
Publication:2857154
DOI10.1002/oca.1030zbMath1273.93020MaRDI QIDQ2857154
Jacek B. Krawczyk, Oana-Silvia Serea
Publication date: 31 October 2013
Published in: Optimal Control Applications and Methods (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1002/oca.1030
49N90: Applications of optimal control and differential games
91B74: Economic models of real-world systems (e.g., electricity markets, etc.)
49L25: Viscosity solutions to Hamilton-Jacobi equations in optimal control and differential games
Related Items
Cites Work
- Unnamed Item
- Optimal timing of regime switching in optimal growth models: a Sobolev space approach
- Two-stage optimal control problems with an explicit switch point dependence. Optimality criteria and an example of delivery lags and investment
- Sufficient conditions for viability under imperfect measurement
- Optimal times for constrained nonlinear control problems without local controllability
- Discontinuous Mayer control problem under state-constraints
- Discontinuous differential games and control systems with supremum cost
- An infinite-horizon multistage dynamic optimization problem
- Beyond optimality: Managing children, assets, and consumption over the life cycle
- Value-functions for Differential Games and Control Systems with Discontinuous Terminal Cost
- Viability Kernels and Capture Basins of Sets Under Differential Inclusions
- Environmental quality versus economic performance: A dynamic game approach
- Semicontinuous Viscosity Solutions For Hamilton–Jacobi Equations With Convex Hamiltonians
- SATISFICING SOLUTIONS TO A MONETARY POLICY PROBLEM
- Petroleum Reservoir Exploitation: Switching from Primary to Secondary Recovery
- On Reflecting Boundary Problem for Optimal Control
- TECHNOLOGY ADOPTION UNDER EMBODIMENT: A TWO-STAGE OPTIMAL CONTROL APPROACH
- Lower Semicontinuous Solutions of Hamilton–Jacobi–Bellman Equations
- VIABLE CAPTURE BASIN FOR STUDYING DIFFERENTIAL AND HYBRID GAMES: APPLICATION TO FINANCE
- Optimal control and viscosity solutions of Hamilton-Jacobi-Bellman equations
- Necessary conditions for infinite-horizon discounted two-stage optimal control problems