An existence result for optimal economic growth problems
From MaRDI portal
Publication:1053262
DOI10.1016/0022-247X(83)90143-9zbMath0517.49002MaRDI QIDQ1053262
Publication date: 1983
Published in: Journal of Mathematical Analysis and Applications (Search for Journal in Brave)
Set-valued set functions and measures; integration of set-valued functions; measurable selections (28B20) Economic growth models (91B62) Methods involving semicontinuity and convergence; relaxation (49J45) Existence theories for optimal control problems involving ordinary differential equations (49J15)
Related Items
On the boundedness of optimal controls in infinite-horizon problems ⋮ Problem of optimal endogenous growth with exhaustible resources and possibility of a technological jump ⋮ An extension of Prohorov's theorem for transition probabilities with applications to infinite-dimensional lower closure problems ⋮ An existence theorem for a class of infinite horizon optimal control problems ⋮ Recursive utility and optimal capital accumulation. II: Sensitivity and duality theory ⋮ Necessity of limiting co-state arcs in Bolza-type infinite horizon problem ⋮ On a class of optimal control problems arising in mathematical economics ⋮ Properties of Hamiltonian systems in the Pontryagin's maximum principle for economic growth problems ⋮ Necessary optimality conditions for nonautonomous control systems with an infinite time horizon ⋮ Solution existence theorems for finite horizon optimal economic growth problems ⋮ On Balder's existence theorem for infinite-horizon optimal control problems ⋮ Overtaking optimal solutions for convex Lagrange problems with time delay ⋮ Optimal Control Problems Governed by Time Dependent Subdifferential Operators with Delay ⋮ Optimal control for proportional economic growth ⋮ On infinite-horizon lower closure results for optimal control ⋮ Existence of an optimal control in infinite-horizon problems with unbounded set of control constraints ⋮ The controllability of infinite horizon optimal control problems ⋮ Necessary conditions in infinite-horizon control problems that need no asymptotic assumptions ⋮ Another view of the maximum principle for infinite-horizon optimal control problems in economics ⋮ On the existence of a classical optimal solution and of an almost strongly optimal solution for an infinite-horizon control problem ⋮ Necessity of vanishing shadow price in infinite horizon control problems ⋮ Structure of a Stabilizer for the Hamiltonian Systems ⋮ Dynamic optimization of investments in the economic growth models ⋮ Construction of nonlinear regulators in economic growth models ⋮ Construction of a regulator for the Hamiltonian system in a two-sector economic growth model ⋮ On necessary optimality conditions for infinite-horizon economic growth problems with locally unbounded instantaneous utility function ⋮ A dynamic model of optimal investment in research and development with international knowledge spillovers ⋮ Different interpretations of the improper integral objective in an infinite horizon control problem ⋮ An infinite-horizon maximum principle with bounds on the adjoint variable ⋮ A dynamical model of optimal investment in R\& D ⋮ Value functions and transversality conditions for infinite-horizon optimal control problems ⋮ Infinite horizon optimal control problems in the light of convex analysis in Hilbert spaces ⋮ Suzdal conference--3. Proceedings of the international conference on dynamical systems and differential equations, Suzdal, Russia, July 1--6, 2002. Part 3. Transl. from the Russian ⋮ Existence theorem in the optimal control problem on an infinite time interval ⋮ Optimal Exploitation of Renewable Resources: Lessons in Sustainability from an Optimal Growth Model of Natural Resource Consumption ⋮ Relaxation of a Bolza problem governed by a time-delay sweeping process ⋮ Shadow prices in infinite-horizon optimal control problems with dominating discounts ⋮ Stabilizing the Hamiltonian system for constructing optimal trajectories ⋮ Optimal control problems involving optimal economic growth with infinite horizon ⋮ Value Functions and Transversality Conditions for Infinite Horizon Optimal Control Problems ⋮ The Pontryagin maximum principle and problems of optimal economic growth ⋮ Recursive utility and optimal capital accumulation. I: Existence ⋮ Infinite horizon problems in the calculus of variations. The role of transformations with an application to the brachistochrone problem ⋮ Infinite-horizon optimal controls for problems governed by a Volterra integral equation with state-and-control-dependent discount factor ⋮ Optimal policies in the Dasgupta-Heal-Solow-Stiglitz model under nonconstant returns to scale ⋮ Problems in the calculus of variations on unbounded intervals. Fourier-Laguerre analysis and approximations ⋮ When does stabilizability imply the existence of infinite horizon optimal control in nonlinear systems? ⋮ On the existence of catching-up optimal solutions for Lagrange problems defined on unbounded intervals ⋮ Existence of finitely optimal solutions for infinite-horizon optimal control problems ⋮ Nonconvex and relaxed infinite-horizon optimal control problems ⋮ Dynamic oligopoly with sticky prices: off-steady-state analysis
Cites Work
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- A sensitivity analysis on optimal economic growth
- Existence theorems for Lagrange control problems with unbounded time domain
- The duality of convex functions and Cesari's property (Q)
- Weak lower semicontinuity of integral functionals
- Convex analysis and measurable multifunctions
- On a class of variational problems arising in mathematical economics
- Lower semicontinuity and lower closure theorems without seminormality conditions
- Lower Semicontinuity of Integral Functionals with Nonconvex Integrands by Relaxation-Compactification
- Infinite Horizon Programs
- Lower Closure Problems with Weak Convergence Conditions in a New Perspective
- On Lower Semicontinuity of Integral Functionals. I
- Existence theorems for weak and usual optimal solutions in Lagrange problems with unilateral constraints. I
