Published December 2011 | Version v1
Journal article Metadata-only

One-Dimensional Infinite Horizon Nonconcave Optimal Control Problems Arising in Economic Dynamics

Creators

  • 1. Technion-Israel Institute of Technology, Department of Mathematics (Israel)

Description

We study the existence of optimal solutions for a class of infinite horizon nonconvex autonomous discrete-time optimal control problems. This class contains optimal control problems without discounting arising in economic dynamics which describe a model with a nonconcave utility function.

Additional details

Identifiers

DOI
10.1007/s00245-011-9146-9;

Publishing Information

Journal Title
Applied Mathematics and Optimization
Journal Volume
64
Journal Issue
3
Journal Page Range
p. 417-440
ISSN
0095-4616

INIS

Country of Publication
United States
Country of Input or Organization
International Atomic Energy Agency (IAEA)
INIS RN
44003292
Subject category
S97: MATHEMATICAL METHODS AND COMPUTING;
Descriptors DEI
ECONOMY; FUNCTIONS; MATHEMATICAL MODELS; MATHEMATICAL SOLUTIONS; ONE-DIMENSIONAL CALCULATIONS; OPTIMAL CONTROL
Descriptors DEC
CONTROL

Optional Information

Copyright
Copyright (c) 2011 Springer Science+Business Media, LLC