Most Rapid Approach Paths in Accumulation Problems
From MaRDI portal
Publication:4077692
DOI10.2307/2525821zbMath0316.90009OpenAlexW1999256455MaRDI QIDQ4077692
Michael Spence, David A. Starrett
Publication date: 1975
Published in: International Economic Review (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/2525821
Decision theory (91B06) Nonlinear programming (90C30) Stochastic programming (90C15) Utility theory (91B16) Trade models (91B60) Optimality conditions for problems involving ordinary differential equations (49K15)
Related Items (23)
The optimal treatment of an infectious disease with two strains ⋮ A new sufficient condition for most rapid approach paths ⋮ On the economically optimal exploitation of a renewable resource: The case of a convex environment and a convex return function ⋮ Use of continuous-discrete optimal control in inventory problem ⋮ Optimal adaptive testing for epidemic control: combining molecular and serology tests ⋮ Optimality of impulse harvesting policies ⋮ On the optimal harvesting of persistent age-structured populations ⋮ On the optimal harvesting of age-structured populations: Some simple models ⋮ A Dynamic activity analysis for a monopolistic firm ⋮ On the dynamics of knowledge-based economic growth ⋮ Steady-state properties in a class of dynamic models ⋮ Cultural leader and the dynamics of assimilation ⋮ Economic dynamics of reservoir sedimentation management: Optimal control with singularly perturbed equations of motion ⋮ The infinite horizon dynamic optimization problem revisited: A simple method to determine equilibrium states ⋮ Competition between most rapid approach paths: necessary and sufficient conditions ⋮ Dynamic economic analysis on invasive species management: some policy implications of catch\-ability ⋮ The Leontief two-sector model and undiscounted optimal growth with irreversible investment: The case of labor-intensive consumption goods ⋮ Nearest feasible paths in optimization control problems: Theory, examples, and counterexamples ⋮ Cooperation in the commons ⋮ Dynamic optimization with a nonsmooth, nonconvex technology: the case of a linear objective function ⋮ Optimal transition to backstop substitutes for nonrenewable resources ⋮ Dynamic optimization with a nonconvex technology: Determination of critical stocks ⋮ Pollution control in open economies: implications of within-period interactions for dynamic game equilibrium
This page was built for publication: Most Rapid Approach Paths in Accumulation Problems