Optimal timing of regime switching in optimal growth models: a Sobolev space approach

DOI10.1016/J.MATHSOCSCI.2010.11.005MaRDI QIDQ633342zbMATH OpenOpenAlexFDO

Authors Erol Dogan, Cuong Le Van, Çağrı Sağlam

Publication date 31 March 2011

Published in Mathematical Social Sciences (Search for Journal in Brave)

Full work available at URL http://hdl.handle.net/11693/22012

zbMATH Keywords

Sobolev spacesmulti-stage optimal controloptimal growth models

Mathematics Subject Classification ID

Applications of optimal control and differential games (49N90) Economic growth models (91B62)

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Cites work

• scientific article; zbMATH DE number 3989062 (Why is no real title available?)
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• scientific article; zbMATH DE number 3806227 (Why is no real title available?)
• A model of optimal growth strategy
• Necessary conditions for infinite-horizon discounted two-stage optimal control problems
• Optimal control in infinite horizon problems: A Sobolev space approach
• Optimal pattern of technology adoptions under embodiment: a multi-stage optimal control approach
• TECHNOLOGY ADOPTION UNDER EMBODIMENT: A TWO-STAGE OPTIMAL CONTROL APPROACH
• Technology adoption, learning-by-doing, and economic growth
• Two-stage optimal control problems with an explicit switch point dependence. Optimality criteria and an example of delivery lags and investment

Cited in

(2)

• Capital accumulation and embodied technological progress
• When can Itô be not optimal to adopt a new technology? a viability theory solution to a two-stage optimal control problem of new technology adoption

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