The envelope theorem in dynamic optimization
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Publication:809342
DOI10.1016/0165-1889(91)90018-VzbMath0733.49019OpenAlexW2043781307MaRDI QIDQ809342
L. Dwayne Barney, Jeffrey T. Lafrance
Publication date: 1991
Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/0165-1889(91)90018-v
dynamic optimizationintertemporal consumptiondynamic envelope theoremnondifferential constraintsoptimal performance function
Application models in control theory (93C95) Economic growth models (91B62) Optimality conditions for problems involving ordinary differential equations (49K15)
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