An infinite-horizon maximum principle with bounds on the adjoint variable

DOI10.1016/j.jedc.2004.11.006zbMath1198.49024OpenAlexW2067463697MaRDI QIDQ956501

Thomas A. Weber

Publication date: 25 November 2008

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://infoscience.epfl.ch/record/187524/files/19Weber-JEDC-2006.pdf

zbMATH Keywords

necessary optimality conditionsdynamic optimizationinfinite-horizon optimal control

Mathematics Subject Classification ID

Dynamic programming in optimal control and differential games (49L20) Economic growth models (91B62) Optimality conditions for problems involving ordinary differential equations (49K15)

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