Infinite-horizon optimal control problems in economics

DOI10.1070/RM2012v067n02ABEH004785zbMath1248.49023OpenAlexW2016093392MaRDI QIDQ2903291

S. M. Aseev, K. O. Besov, Arkadii V. Kryazhimskij

Publication date: 8 August 2012

Published in: Russian Mathematical Surveys (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1070/rm2012v067n02abeh004785

zbMATH Keywords

infinite horizondynamic optimizationPontryagin's maximum principleoptimal economic growthtransversality conditions at infinity

Mathematics Subject Classification ID

Economic growth models (91B62) Optimal stochastic control (93E20) Optimality conditions for problems involving randomness (49K45) Optimality conditions for problems involving ordinary differential equations (49K15)

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