Optimal diffusion of a new technology when both demand and supply are nonstatic

DOI10.1007/BF00940079zbMath0794.90008OpenAlexW2028833161WikidataQ57613757 ScholiaQ57613757MaRDI QIDQ1321162

Luca Luigi Ghezzi, Marino Gatto

Publication date: 27 April 1994

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

Full work available at URL: https://doi.org/10.1007/bf00940079

zbMATH Keywords

optimal controlPontryagin's maximum principlelearning by doingoptimal investment policytechnological diffusionmonopolized sector

Mathematics Subject Classification ID

Application models in control theory (93C95) Economics of information (91B44) Marketing, advertising (90B60)

Cites Work

• Mathematical Optimization and Economic Theory
• Technical Change and the Rate of Imitation

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