Optimal control and positional controllability in a one-sector economy
DOI10.3390/G12010011zbMATH Open1478.91114OpenAlexW3126616613MaRDI QIDQ2052491FDOQ2052491
Authors: N. L. Grigorenko, Lilia Luk'yanova
Publication date: 26 November 2021
Published in: Games (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.3390/g12010011
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nonlinear control systemPontryagin maximum principlebang-bang controlRamsey modelswitching functionpositional controlsingular arc of the third order
Existence of optimal solutions belonging to restricted classes (Lipschitz controls, bang-bang controls, etc.) (49J30) Economic growth models (91B62) Nonlinear systems in control theory (93C10)
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