Optimal enforcement on a pure Seller's market of illicit drugs

DOI10.1023/A:1004629722109zbMath0964.49023OpenAlexW51462547MaRDI QIDQ1586811

V. F. Borisov, Gustav Feichtinger, Arkadii V. Kryazhimskij

Publication date: 16 July 2001

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

Full work available at URL: https://doi.org/10.1023/a:1004629722109

zbMATH Keywords

optimal controlPontryagin maximum principleoptimal synthesisoptimal enforcementdegenerate fixed points of ordinary differential equationillicit drug markets

Mathematics Subject Classification ID

Applications of optimal control and differential games (49N90) Models of societies, social and urban evolution (91D10)

Cites Work

• A complete characterization of optimal growth paths in an aggregated model with a non-concave production function
• Optimal dynamic law enforcement
• Unnamed Item

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