How to do comparative dynamics on the back of an envelope in optimal control theory (Q748862)
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scientific article; zbMATH DE number 4171807
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | How to do comparative dynamics on the back of an envelope in optimal control theory |
scientific article; zbMATH DE number 4171807 |
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How to do comparative dynamics on the back of an envelope in optimal control theory (English)
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1990
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A fixed-time optimal control problem is discussed, having given initial states, free terminal states, and an equality constraint on the state and control. A ``dynamic primal-dual problem'' is used to analyze the sensitivity of the objective, as a function of a parameter in the functions. Second-order conditions are also discussed. A renewable- resource model is presented as an example.
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fixed-time optimal control problem
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dynamic primal-dual problem
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sensitivity
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Second-order conditions
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renewable
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0.87627894
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0.84038186
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0.8336358
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0.82176065
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0.8156819
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0.81382227
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0.8101099
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