Dynamic optimization and Skiba sets in economic examples

DOI10.1002/OCA.696MaRDI QIDQ5317819zbMATH OpenOpenAlexFDO

Authors Wolf-Jürgen Beyn, Thosten Pampel, Willi Semmler

Publication date 21 September 2005

Published in Optimal Control Applications \& Methods (Search for Journal in Brave)

Full work available at URL https://pub.uni-bielefeld.de/record/2315245

zbMATH Keywords

approximation methodcandidates for optimal solutionsmultiple steady statesoptimal control problemsperiodic orbitsSkiba sets

Mathematics Subject Classification ID

Optimality conditions for problems involving ordinary differential equations (49K15) Applications of optimal control and differential games (49N90) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

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Cites work

• scientific article; zbMATH DE number 3490676 (Why is no real title available?)
• The perils of Taylor rules
• The timing of stabilizations

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(11)

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• A model of moderation: finding Skiba points on a slippery slope
• Optimal management and spatial patterns in a distributed shallow lake model
• MAXIMUM PRINCIPLE FOR AGE AND DURATION STRUCTURED SYSTEMS: A TOOL FOR OPTIMAL PREVENTION AND TREATMENT OF HIV
• Set-Valued Techniques in Dynamic Economic Models
• Hopf Bifurcation and Time Periodic Orbits with pde2path – Algorithms and Applications
• Two state capital accumulation with heterogeneous products: disruptive vs. non-disruptive goods
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