On Ramsey dynamical model and closed-form solutions

DOI10.2991/JNMP.K.210103.001zbMATH Open1497.37065OpenAlexW3125121050MaRDI QIDQ5099982FDOQ5099982

Authors: Gülden Gün Polat, Teoman Özer 

Publication date: 26 August 2022

Published in: Journal of Nonlinear Mathematical Physics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2991/jnmp.k.210103.001

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zbMATH Keywords

Lie point symmetriesHamiltonian dynamicseconomic growth modelsclosed-form solutionsJacobi last multiplierPrelle-Singer approachRamsey dynamical model

Mathematics Subject Classification ID

Completely integrable finite-dimensional Hamiltonian systems, integration methods, integrability tests (37J35) Dynamical systems in control (37N35) Completely integrable systems and methods of integration for problems in Hamiltonian and Lagrangian mechanics (70H06) Symmetries, Lie group and Lie algebra methods for problems in mechanics (70G65) General theory of finite-dimensional Hamiltonian and Lagrangian systems, Hamiltonian and Lagrangian structures, symmetries, invariants (37J06)

Cited In (4)

• On group analysis of optimal control problems in economic growth models
• Phase plane analysis of simplified Ramsey models
• The group-theoretical analysis of nonlinear optimal control problems with Hamiltonian formalism
• Analytical approaches for growth models in economics

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