The Pontryagin maximum principle for an optimal control problem with a functional specified by an improper integral

S. M. Aseev, Arkadii V. Kryazhimskij

Publication date: 22 October 2007

Published in: Doklady Mathematics (Search for Journal in Brave)

nonconvex problems necessary conditions monotonicity conditions discount factors

Economic growth models (91B62) Optimality conditions for problems involving ordinary differential equations (49K15)

Related Items (5)

Another view of the maximum principle for infinite-horizon optimal control problems in economics ⋮ Adjoint variables and intertemporal prices in infinite-horizon optimal control problems ⋮ Necessity of vanishing shadow price in infinite horizon control problems ⋮ On some properties of the adjoint variable in the relations of the Pontryagin maximum principle for optimal economic growth problems ⋮ Shadow prices in infinite-horizon optimal control problems with dominating discounts

This page was built for publication: The Pontryagin maximum principle for an optimal control problem with a functional specified by an improper integral