Optimal growth models and the Lagrange multiplier (Q1877828)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Optimal growth models and the Lagrange multiplier |
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Optimal growth models and the Lagrange multiplier (English)
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19 August 2004
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The authors extend the Lagrangian to infinite dimensional spaces and provide sufficient conditions for the Lagrangian to be represented by a summable sequence of multipliers in infinite discrete time horizon optimal growth models. They take the approach of placing restrictions directly on the asymptotic behaviors of the objective functional and the constraint functions.
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Optimal growth
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Lagrange multipliers
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