When can it be not optimal to adopt a new technology? A viability theory solution to a two-stage optimal control problem of new technology adoption
DOI10.1002/OCA.1030zbMath1273.93020OpenAlexW2105026986MaRDI QIDQ2857154
Jacek B. Krawczyk, Oana-Silvia Serea
Publication date: 31 October 2013
Published in: Optimal Control Applications and Methods (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1002/oca.1030
Applications of optimal control and differential games (49N90) Economic models of real-world systems (e.g., electricity markets, etc.) (91B74) Viscosity solutions to Hamilton-Jacobi equations in optimal control and differential games (49L25)
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