How to do comparative dynamics on the back of an envelope in optimal control theory (Q748862)

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scientific article; zbMATH DE number 4171807
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    How to do comparative dynamics on the back of an envelope in optimal control theory
    scientific article; zbMATH DE number 4171807

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      How to do comparative dynamics on the back of an envelope in optimal control theory (English)
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      1990
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      A fixed-time optimal control problem is discussed, having given initial states, free terminal states, and an equality constraint on the state and control. A ``dynamic primal-dual problem'' is used to analyze the sensitivity of the objective, as a function of a parameter in the functions. Second-order conditions are also discussed. A renewable- resource model is presented as an example.
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      fixed-time optimal control problem
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      dynamic primal-dual problem
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      sensitivity
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      Second-order conditions
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      renewable
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