A turnpike property of trajectories of dynamical systems with a Lyapunov function
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Publication:2223680
Summary: In this paper, we study the structure of trajectories of discrete disperse dynamical systems with a Lyapunov function which are generated by set-valued mappings. We establish a weak version of the turnpike property which holds for all trajectories of such dynamical systems which are of a sufficient length. This result is usually true for models of economic growth which are prototypes of our dynamical systems.
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Cited in
(6)- Optimal control theory: introduction to the special issue
- Turnpike theorem for a class of set-valued mappings
- Turnpike properties for discrete-time optimal control problems with a Lyapunov function
- Turnpike properties of discrete dispersive dynamical systems with a Lyapunov function
- Turnpike properties of solutions of a differential inclusion with a Lyapunov function. I
- Turnpike phenomenon for a class of optimal control problems with a Lyapunov function
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