Value functions and optimality conditions for nonconvex variational problems with an infinite horizon in Banach spaces

DOI10.1287/MOOR.2021.1130zbMATH Open1492.49006arXiv1801.00400OpenAlexW3198202744MaRDI QIDQ5076702FDOQ5076702

Authors: Hélène Frankowska, Nobusumi Sagara 

Publication date: 17 May 2022

Published in: Mathematics of Operations Research (Search for Journal in Brave)

Abstract: We investigate the value function of an infinite horizon variational problem in the infinite-dimensional setting. Firstly, we provide an upper estimate of its Dini--Hadamard subdifferential in terms of the Clarke subdifferential of the Lipschitz continuous integrand and the Clarke normal cone to the graph of the set-valued mapping describing dynamics. Secondly, we derive a necessary condition for optimality in the form of an adjoint inclusion that grasps a connection between the Euler--Lagrange condition and the maximum principle.

Full work available at URL: https://arxiv.org/abs/1801.00400

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zbMATH Keywords

maximum principleinfinite horizonGelfand integralDini-Hadamard subdifferentialdifferentiability of the value functionEuler-Lagrange conditionspatial Ramsey growth model

Mathematics Subject Classification ID

Dynamic programming (90C39) Nonsmooth analysis (49J52) Ordinary differential inclusions (34A60) Set-valued and variational analysis (49J53) Optimality conditions for problems involving ordinary differential equations (49K15) Existence theories for problems in abstract spaces (49J27) Fréchet and Gateaux differentiability in optimization (49J50)

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Cited In (2)

• Recursive variational problems in nonreflexive Banach spaces with an infinite horizon: an existence result
• Optimality Conditions for Nonconvex Variational Problems with Integral Constraints in Banach Spaces

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