Transversality conditions for infinite horizon optimality: higher order differential problems
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Publication:424384
DOI10.1016/j.na.2009.02.110zbMath1238.49038arXiv1004.3093MaRDI QIDQ424384
Takashi Gyoshin Nitta, Ryuhei Okumura, Dapeng Cai
Publication date: 31 May 2012
Published in: Nonlinear Analysis. Theory, Methods \& Applications. Series A: Theory and Methods (Search for Journal in Brave)
Full work available at URL: https://arxiv.org/abs/1004.3093
infinite horizon; dynamic optimization; transversality condition; unbounded; higher order differential problems
49K27: Optimality conditions for problems in abstract spaces
Related Items
Higher-order infinite horizon variational problems in discrete quantum calculus, Optimal solutions to the infinite horizon problems: constructing the optimum as the limit of the solutions for the finite horizon problems, A linearized relaxing algorithm for the specific nonlinear optimization problem, Global optimization for the sum of certain nonlinear functions, Necessary optimality conditions for higher-order infinite horizon variational problems on time scales, General necessary conditions for infinite horizon fractional variational problems
Cites Work
- Limit of the solutions for the finite horizon problems as the optimal solution to the infinite horizon optimization problems
- Some Clarifications on the Transversality Condition
- Transversality Conditions for Some Infinite Horizon Discrete Time Optimization Problems
- Necessity of Transversality Conditions for Infinite Horizon Problems
- On Existence of Weakly Maximal Programmes in a Multi-Sector Economy
