Optimal investment with vintage capital: equilibrium distributions

DOI10.1016/j.jmateco.2021.102516zbMath1471.91496arXiv1905.01222OpenAlexW3155160373MaRDI QIDQ2237877

Silvia Faggian, Fausto Gozzi, Peter M. Kort

Publication date: 28 October 2021

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1905.01222

zbMATH Keywords

maximum principleequilibrium pointsvintage capitaloptimal investmentage-structured systemsoptimal control in infinite dimension

Mathematics Subject Classification ID

Existence theories for optimal control problems involving partial differential equations (49J20) Portfolio theory (91G10)

Related Items (2)

Stochastic Control Problems with Unbounded Control Operators: Solutions Through Generalized Derivatives ⋮ Spatial growth theory: optimality and spatial heterogeneity

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