Skiba points for small discount rates

DOI10.1007/S10957-006-9028-5zbMATH1181.49028OpenAlexW2090722345MaRDI QIDQ850930FDOQ850930

Authors Florian Wagener

Publication date 7 November 2006

Published in Journal of Optimization Theory and Applications (Search for Journal in Brave)

Full work available at URL http://cendef.uva.nl/binaries/content/assets/subsites/amsterdam-school-of-economics/amsterdam-school-of-economics-research-institute/cendef/working-papers-2004/cwp_04_09.pdf?1417180857939

zbMATH Keywords

perturbation methodsindifference pointsMultiple optimal equilibriaoptimal bifurcations

Mathematics Subject Classification ID

Minimax problems in mathematical programming (90C47) Sensitivity, stability, well-posedness (49K40) Economic growth models (91B62) Existence of solutions for minimax problems (49J35)

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Cites work

• scientific article; zbMATH DE number 43867 (Why is no real title available?)
• scientific article; zbMATH DE number 3206496 (Why is no real title available?)
• A DNS-curve in a two-state capital accumulation model: A numerical analysis
• A complete characterization of optimal growth paths in an aggregated model with a non-concave production function
• Optimal Growth with a Convex-Concave Production Function
• Skiba points and heteroclinic bifurcations, with applications to the shallow lake system
• Using dynamic programming with adaptive grid scheme for optimal control problems in economics

Cited in

(11)

• Numerical computation of the optimal vector field: exemplified by a fishery model
• Explaining fashion cycles: imitators chasing innovators in product space
• Existence of the optimum in Shallow Lake type models with hysteresis effect
• Bifurcations of Optimal Vector Fields
• Dynamic optimization and Skiba sets in economic examples
• A model of moderation: finding Skiba points on a slippery slope
• Analysis of optimal control problems for hybrid systems with one state variable
• Skiba points in free end-time problems
• DNS curves in a production/inventory model
• Discounted reward TSP
• Poverty trap and global indeterminacy in a growth model with open-access natural resources

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