Pontryagin's type optimality conditions for a distributed control problem arising in endogenous growth theory

DOI10.1007/978-3-662-43880-0_15MaRDI QIDQ5116355zbMATH OpenOpenAlexDBLPWikidataFDO

Authors Bernhard Skritek, Tsvetomir Tsachev, Vladimir M. Veliov

Publication date 25 August 2020

Published in Large-Scale Scientific Computing (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/978-3-662-43880-0_15

zbMATH Keywords

endogenous economic growtharising control problemsheterogeneous capital stockLipschitz continuous right-hand sidetype optimality conditions

Mathematics Subject Classification ID

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

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Cites work

• scientific article; zbMATH DE number 194743 (Why is no real title available?)
• Continuous Dependence of Solutions of Ordinary Differential Equations
• Optimal control of heterogeneous systems with endogenous domain of heterogeneity
• Optimal control of heterogeneous systems: basic theory
• Set-valued analysis

Cited in

(6)

• An optimal control problem with state constraints in a spatio-temporal economic growth model on networks
• Distributed optimal control models in environmental economics: a review
• Optimality conditions and the Hamiltonian for a distributed optimal control problem on controlled domain
• Optimal control of heterogeneous systems with endogenous domain of heterogeneity
• Rational expectations equilibria in a Ramsey model of optimal growth with non-local spatial externalities
• State-constrained optimal control of a coupled quasilinear parabolic system modeling economic growth in the presence of technological progress

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