Necessary Conditions for Nonsmooth, Infinite-Horizon, Optimal Control Problems
Author
Abstract
Suggested Citation
DOI: 10.1023/A:1021733719020
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Seierstad, A., 1996. "Nonsmooth Infinit Horizon Control Problem," Memorandum 1996_033, Oslo University, Department of Economics.
- Benveniste, L. M. & Scheinkman, J. A., 1982. "Duality theory for dynamic optimization models of economics: The continuous time case," Journal of Economic Theory, Elsevier, vol. 27(1), pages 1-19, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Reddy, P.V. & Engwerda, J.C., 2011.
"Necessary and Sufficient Conditions for Pareto Optimality in Infinite Horizon Cooperative Differential Games,"
Other publications TiSEM
4896ece5-2400-45ba-a86f-5, Tilburg University, School of Economics and Management.
- Reddy, P.V. & Engwerda, J.C., 2011. "Necessary and Sufficient Conditions for Pareto Optimality in Infinite Horizon Cooperative Differential Games," Discussion Paper 2011-041, Tilburg University, Center for Economic Research.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ravi Kashyap, 2016. "Solving the Equity Risk Premium Puzzle and Inching Towards a Theory of Everything," Papers 1604.04872, arXiv.org, revised Sep 2019.
- W.A. Brock & A. Xepapadeas & A.N. Yannacopoulos, 2014.
"Optimal Control in Space and Time and the Management of Environmental Resources,"
Annual Review of Resource Economics, Annual Reviews, vol. 6(1), pages 33-68, October.
- William Brock & Anastasios Xepapadeas & Athanasios Yannacopoulos, 2014. "Optimal Control in Space and Time and the Management of Environmental Resources," DEOS Working Papers 1402, Athens University of Economics and Business.
- Kamihigashi, Takashi, 2005.
"Necessity of the transversality condition for stochastic models with bounded or CRRA utility,"
Journal of Economic Dynamics and Control, Elsevier, vol. 29(8), pages 1313-1329, August.
- Takashi Kamihigashi, 2004. "Necessity of the Transversality Condition for Stochastic Models with Bounded or CRRA Utility," Discussion Paper Series 152, Research Institute for Economics & Business Administration, Kobe University.
- Takashi Kamihigashi, 2004. "Necessity of the Transversality Condition for Stochastic Models with Bounded or CRRA Utility," Discussion Paper Series 162, Research Institute for Economics & Business Administration, Kobe University, revised Oct 2004.
- Fausto Gozzi, 2012. "Mathematical Tools for Economic Dynamics: Dynamic Optimization," Discussion Papers 19_2012, CRISEI, University of Naples "Parthenope", Italy.
- Magill, Michael J P, 1979.
"The Stability of Equilibrium,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 20(3), pages 577-597, October.
- Michael J.P. Magill, 1977. "The Stability of Equilibrium," Discussion Papers 306, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Buiter, Willem H. & Sibert, Anne C., 2007.
"Deflationary Bubbles,"
Macroeconomic Dynamics, Cambridge University Press, vol. 11(4), pages 431-454, September.
- Willem H. Buiter & Anne C. Sibert, 2004. "Deflationary Bubbles," NBER Working Papers 10642, National Bureau of Economic Research, Inc.
- Buiter, Willem & Sibert, Anne, 2006. "Deflationary Bubbles," CEPR Discussion Papers 5637, C.E.P.R. Discussion Papers.
- Buiter, Willem & Sibert, Anne, 2004. "Deflationary Bubbles," CEPR Discussion Papers 4528, C.E.P.R. Discussion Papers.
- Buiter, Willem H. & Sibert, Anne C., 2007. "Deflationary bubbles," LSE Research Online Documents on Economics 3323, London School of Economics and Political Science, LSE Library.
- Willem Buiter & Anne Sibert, 2004. "Deflationary Bubbles," Birkbeck Working Papers in Economics and Finance 0409, Birkbeck, Department of Economics, Mathematics & Statistics.
- Ulla Lehmijoki, 2004. "On the Beach? Sustainability, Optimal Pollution, and Optimal Population," DEGIT Conference Papers c009_039, DEGIT, Dynamics, Economic Growth, and International Trade.
- Takashi Kamihigashi, 2002.
"A simple proof of the necessity of the transversality condition,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 20(2), pages 427-433.
- Takashi Kamihigashi, 2001. "A Simple Proof of the Necessity of the Transversality Condition," Discussion Paper Series 116, Research Institute for Economics & Business Administration, Kobe University.
- Cuong Van & Raouf Boucekkine & Cagri Saglam, 2007.
"Optimal Control in Infinite Horizon Problems: A Sobolev Space Approach,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(3), pages 497-509, September.
- LE VAN, Cuong & BOUCEKKINE, Raouf & SAGLAM, Cagri, 2004. "Optimal control in infinite horizon problems: A Sobolev space approach," LIDAM Discussion Papers CORE 2004089, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- LE VAN, CUONG & BOUCEKKINE, Raouf & SAGLAM, Cagri, 2007. "Optimal control in infinite horizon problems: A Sobolev space approach," LIDAM Reprints CORE 1956, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Cuong Le Van & Raouf Boucekkine & Cagri Saglam, 2007. "Optimal control in infinite horizon problems: a Sobolev spaces approach," Post-Print halshs-00101140, HAL.
- Cuong Le Van & Raouf Boucekkine & Cagri Saglam, 2007. "Optimal control in infinite horizon problems: a Sobolev spaces approach," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00101140, HAL.
- Cuong Le Van & Raouf Boucekkine & Cagri Saglam, 2005. "Optimal control in infinite horizon problems: a Sobolev space approach," Cahiers de la Maison des Sciences Economiques b05094, Université Panthéon-Sorbonne (Paris 1).
- Cuong Le Van & Raouf Boucekkine & Cagri Saglam, 2005. "Optimal control in infinite horizon problems: a Sobolev space approach," Post-Print halshs-00197546, HAL.
- Cuong Le Van & Raouf Boucekkine & Cagri Saglam, 2005. "Optimal control in infinite horizon problems: a Sobolev space approach," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00197546, HAL.
- Mahdi Ebrahimi Kahou & James Yu & Jesse Perla & Geoff Pleiss, 2024. "How Inductive Bias in Machine Learning Aligns with Optimality in Economic Dynamics," Papers 2406.01898, arXiv.org, revised Jun 2024.
- Xepapadeas, Anastasios, 2005. "Economic growth and the environment," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 3, chapter 23, pages 1219-1271, Elsevier.
- Rincón-Zapatero, Juan Pablo & Santos, Manuel S., 2009.
"Differentiability of the value function without interiority assumptions,"
Journal of Economic Theory, Elsevier, vol. 144(5), pages 1948-1964, September.
- Manuel Santos & Juan Pablo Rincon-Zapatero, 2007. "Differentiability of the Value Function without Interiority Assumptions," Working Papers 0704, University of Miami, Department of Economics.
- Santos, Manuel S., 2007. "Differentiability of the value function without interiority assumptions," UC3M Working papers. Economics we071405, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Bona, Jerry L. & Santos, Manuel S., 1997. "On the Role of Computation in Economic Theory," Journal of Economic Theory, Elsevier, vol. 72(2), pages 241-281, February.
- Chakravorty, Ujjayant & Krulce, Darrell & Roumasset, James, 2005.
"Specialization and non-renewable resources: Ricardo meets Ricardo,"
Journal of Economic Dynamics and Control, Elsevier, vol. 29(9), pages 1517-1545, September.
- Ujjayant Chakravorty & Darrell Krulce & James Roumasset, 2004. "Specialization and Nonrenewable Resources: Ricardo Meets Ricardo," Working Papers 200401, University of Hawaii at Manoa, Department of Economics.
- Ladron-de-Guevara, Antonio & Ortigueira, Salvador & Santos, Manuel S., 1997.
"Equilibrium dynamics in two-sector models of endogenous growth,"
Journal of Economic Dynamics and Control, Elsevier, vol. 21(1), pages 115-143, January.
- Antonio Ladron de Guevara & Salvador Ortigueira & Manuel S. Santos, 1994. "Equilibrium Dynamics in Two-Sector Models of Endogenous Growth," Working Papers 9403, Centro de Investigacion Economica, ITAM.
- Ortigueira, Salvador & Santos, Manuel S. & Ladrón de Guevara Martínez, Antonio, 1994. "Equilibrium dynamics in two-sector models of endogenous growth," UC3M Working papers. Economics 2913, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Truman Bewley, 2010. "An Integration of Equilibrium Theory and Turnpike Theory," Levine's Working Paper Archive 1381, David K. Levine.
- Xepapadeas, Anastasios & Yannacopoulos, Athanasios N., 2023.
"Spatial growth theory: Optimality and spatial heterogeneity,"
Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
- Anastasios Xepapadeas & Athanasios Yannacopoulos, 2020. "Spatial Growth Theory: Optimality and Spatial Heterogeneity," DEOS Working Papers 2033, Athens University of Economics and Business.
- Venditti, Alain, 1997.
"Strong Concavity Properties of Indirect Utility Functions in Multisector Optimal Growth Models,"
Journal of Economic Theory, Elsevier, vol. 74(2), pages 349-367, June.
- Venditti, A., 1995. "Strong Concavity Properties of Direct Utility Functions in Multisector Optimal Growth Models," G.R.E.Q.A.M. 95a31, Universite Aix-Marseille III.
- Fabbri, Giorgio & Gozzi, Fausto, 2008.
"Solving optimal growth models with vintage capital: The dynamic programming approach,"
Journal of Economic Theory, Elsevier, vol. 143(1), pages 331-373, November.
- Giorgio Fabbri & Fausto Gozzi, 2008. "Solving optimal growth models with vintage capital: The dynamic programming approach," Post-Print hal-01615446, HAL.
- Ricardo Lagos & Guillaume Rocheteau & Pierre-Olivier Weill, 2007.
"Crashes and recoveries in illiquid markets,"
Working Papers (Old Series)
0708, Federal Reserve Bank of Cleveland.
- Pierre-Olivier Weill & Guillaume Rocheteau & Ricardo Lagos, 2007. "Crashes and Recoveries in Illiquid Markets," 2007 Meeting Papers 981, Society for Economic Dynamics.
- Ricardo Lagos & Guillaume Rocheteau & Pierre-Olivier Weill, 2008. "Crashes and Recoveries in Illiquid Markets," NBER Working Papers 14119, National Bureau of Economic Research, Inc.
More about this item
Keywords
Infinite-horizon problems; nonsmooth optimal control;Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:joptap:v:103:y:1999:i:1:d:10.1023_a:1021733719020. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.