Necessity of limiting co-state arcs in Bolza-type infinite horizon problem
From MaRDI portal
Publication:3453410
DOI10.1080/02331934.2014.971413zbMath1328.49019arXiv1407.0498OpenAlexW3106163743MaRDI QIDQ3453410
Publication date: 27 November 2015
Published in: Optimization (Search for Journal in Brave)
Full work available at URL: https://arxiv.org/abs/1407.0498
optimal controlnecessary optimality conditionstransversality conditionlimiting subdifferentialshadow pricesunbounded costuniformly overtaking optimal controlBolza-type infinite horizon problem
Nonsmooth analysis (49J52) Economic growth models (91B62) Optimality conditions for problems involving ordinary differential equations (49K15)
Related Items (3)
On Hamiltonian as limiting gradient in infinite horizon problem ⋮ Necessary conditions in infinite-horizon control problems that need no asymptotic assumptions ⋮ On Necessary Optimality Conditions for Ramsey-Type Problems
Cites Work
- Criteria of optimality in the infinite-time optimal control problem
- The Pontryagin maximum principle and problems of optimal economic growth
- An existence result for optimal economic growth problems
- Existence theorems for Lagrange control problems with unbounded time domain
- Uniformly overtaking and weakly overtaking optimal solutions in infinite horizon optimal control: When optimal solutions are agreeable
- Transversality condition for infinite-horizon problems
- On the existence of a classical optimal solution and of an almost strongly optimal solution for an infinite-horizon control problem
- Necessary conditions for nonsmooth, infinite-horizon, optimal control problems
- On locally optimal programs in the Robinson-Solow-Srinivasan model
- Value functions and transversality conditions for infinite-horizon optimal control problems
- Necessity of vanishing shadow price in infinite horizon control problems
- Existence theorem in the optimal control problem on an infinite time interval
- Turnpike properties in the calculus of variations and optimal control
- Infinite-horizon optimal control problems in economics
- Shadow Prices and Duality for a Class of Optimal Control Problems
- Uniformly Optimal Infinite Horizon Plans
- On the Transversality Condition in Infinite Horizon Optimal Problems
- Necessary Conditions for Optimal Control Problems with Infinite Horizons
- On Existence of Overtaking Optimal Trajectories Over an Infinite Time Horizon
- Nonlinear overtaking optimal control: sufficiency, stability, and approximation
- Necessity of Transversality Conditions for Infinite Horizon Problems
- The Pontryagin Maximum Principle and Transversality Conditions for a Class of Optimal Control Problems with Infinite Time Horizons
This page was built for publication: Necessity of limiting co-state arcs in Bolza-type infinite horizon problem
