An algorithm for quasi-linear control problems in the economics of renewable resources: the steady state and end state for the infinite and long-term horizon

DOI10.1016/j.cam.2016.02.057zbMath1346.49041MaRDI QIDQ313651

Mohammad Hasan, M. Dambrine

Publication date: 12 September 2016

Published in: Journal of Computational and Applied Mathematics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.cam.2016.02.057

zbMATH Keywords

optimal control; Pontryagin's maximum principle; shooting method; renewable resources

Mathematics Subject Classification ID

65K10: Numerical optimization and variational techniques

49M05: Numerical methods based on necessary conditions

49N90: Applications of optimal control and differential games

49K15: Optimality conditions for problems involving ordinary differential equations