Maximum principle for control problems with uncertain horizon and variable discount rate

DOI10.1007/BF00941305zbMath0795.49020OpenAlexW2037652238MaRDI QIDQ1321087

Gerhard Sorger

Publication date: 14 September 1994

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

Full work available at URL: https://doi.org/10.1007/bf00941305

zbMATH Keywords

optimal controlmaximum principlecontrolled piecewise deterministic processes

Mathematics Subject Classification ID

Optimality conditions for problems involving randomness (49K45)

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Cites Work

• Criteria of optimality in the infinite-time optimal control problem
• Recursive utility and optimal capital accumulation. I: Existence
• An optimal control problem with a random stopping time
• Optimal control of piecewise deterministic markov process
• On the Transversality Condition in Infinite Horizon Optimal Problems
• Necessary Conditions for Optimal Control Problems with Infinite Horizons
• Stationary Ordinal Utility and Impatience

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