ON NECESSARY OPTIMALITY CONDITIONS FOR RAMSEY-TYPE PROBLEMS

We study an optimal control problem in infinite time, where the integrand does not depend explicitly on the state variable. A special case of such problem is the Ramsey optimal capital accumulation in centralized economy. To complete the optimality conditions of Pontryagin's maximum principle,...

Full description

Saved in:
Bibliographic Details
Main Author: Anton O. Belyakov
Format: Article
Language:English
Published: Ural Branch of the Russian Academy of Sciences and Ural Federal University named after the first President of Russia B.N.Yeltsin, Krasovskii Institute of Mathematics and Mechanics 2019-07-01
Series:Ural Mathematical Journal
Subjects:
Online Access:https://umjuran.ru/index.php/umj/article/view/154
Tags: Add Tag
No Tags, Be the first to tag this record!