An optimal control model of employment dynamics

DOI10.1080/00207727708942109MaRDI QIDQ4186903zbMATH OpenOpenAlexFDO

Authors Winston T. Lin

Publication date 1977

Published in International Journal of Systems Science. Principles and Applications of Systems and Integration (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1080/00207727708942109

zbMATH Keywords

Pontryagin's Maximum PrincipleDynamic Behaviour of Capital and EmploymentEmployment DynamicsOptimal Control Model

Mathematics Subject Classification ID

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

Cited in

(3)

• Adjustment costs and the theory of optimal investment and financing of the firm
• A multimarket equilibrium valuation model
• The control of environmental pollution and optimal investment and employment decisions

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