On the smoothness of optimal paths (Q1762862)

From MaRDI portal
scientific article
Language Label Description Also known as
English
On the smoothness of optimal paths
scientific article

    Statements

    On the smoothness of optimal paths (English)
    0 references
    0 references
    0 references
    11 February 2005
    0 references
    The authors have proven the \(C^r\) differentiability of optimal path with respect to different parameters under conditions that ensure the invertibility of the operator associated to the Euler-Lagrange equation. These parameters are the initial vector of capital stock, the discount rate and a parameter which lies in a Banach space. They also extended the set of conditions under which smoothness of optimal paths holds.
    0 references
    0 references
    0 references
    0 references
    0 references
    0 references