Abstract
In its most general form, the optimal control problem is to find a control vector u(t) that will give an extremal value to a performance index J (called the objective function), when the state of the system being controlled is described by an n-dimensional state vector x = (x 1, x 2, … x n) whose components evolve according to the state equations.
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Sengupta, J.K., Fanchon, P. (1997). Continuous time models. In: Control Theory Methods in Economics. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-6285-6_2
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DOI: https://doi.org/10.1007/978-1-4615-6285-6_2
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