Multiple equilibria and thresholds due to relative investment costs

DOI10.1023/B:JOTA.0000043991.06755.afzbMath1114.91071OpenAlexW2079244589WikidataQ59212036 ScholiaQ59212036MaRDI QIDQ1771099

Gustav Feichtinger, Franz Wirl, Peter M. Kort, Richard F. Hartl

Publication date: 7 April 2005

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

Full work available at URL: https://doi.org/10.1023/b:jota.0000043991.06755.af

zbMATH Keywords

multiple equilibriaOptimal controlSkiba pointsrelative investment costs

Mathematics Subject Classification ID

Applications of optimal control and differential games (49N90) Production theory, theory of the firm (91B38) Economic growth models (91B62)

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