Existence and the Cass-Shell stability condition for Hamiltonian systems of optimal growth

DOI10.1016/0022-0531(77)90064-3MaRDI QIDQ1240656zbMATH OpenOpenAlexFDO

Authors Robert E. Gaines

Publication date 1977

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0022-0531(77)90064-3

Mathematics Subject Classification ID

Controllability (93B05) Large-scale systems (93A15) Trade models (91B60)

Cites work

• Existence of solutions to Hamiltonian dynamical systems of optimal growth
• Generalized Hamiltonian equations for convex problems of Lagrange
• Global asymptotic stability of optimal control systems with applications to the theory of economic growth
• Saddle points of Hamiltonian systems in convex Lagrange problems having a nonzero discount rate
• Saddle points of Hamiltonian systems in convex problems of Lagrange
• Some new results on the local stability of the process of capital accumulation
• The structure and stability of competitive dynamical systems

Cited in

(8)

• Periodic solutions for coupled first order systems of ordinary differential equations
• The existence of optimal consumption policies in optimal economic growth models with nonconvex technologies
• Oscillations in optimal growth models
• Ordinary differential systems of optimal control type with monotone reversed nonlinearities
• Existence of aperiodic time-dependent solutions in optimal growth economy with three sectors
• Periodic solutions to differential inclusions
• Economic dynamics
• Existence of solutions of Hamiltonian dynamical systems of economic growth with Marxian savings hypothesis

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