Abstract
Optimal trajectories in the considered IDMs [67], [117], [146], [147] have a number of complicated features caused by rather rigid restrictions on unknown phase and control variables. That is why a basic one-sector model is chosen here, which is more simple than other IDMs. This made it possible to obtain essential results in the study of optimal control behavior, among them the explicit solutions of the nonlinear OP and the proof of turn-pike theorems for important particular cases.
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© 1996 Kluwer Academic Publishers
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Hritonenko, N., Yatsenko, Y. (1996). Basic Optimization Problem in One-Sector Model. In: Modeling and Optimization of the Lifetime of Technologies. Applied Optimization, vol 4. Springer, Boston, MA. https://doi.org/10.1007/978-1-4613-3446-0_4
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DOI: https://doi.org/10.1007/978-1-4613-3446-0_4
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-3448-4
Online ISBN: 978-1-4613-3446-0
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