On the Solution of State Constrained Optimal Control Problems in Economics

In this work we examine a state constrained resource allocation model a with finite time horizon. Therefore, we use the necessary conditions of the Pontrjagin's Maximum Principle to find candidates for the solution and verify them later on using the sufficient conditions given by the duality co...

Full description

Bibliographic Details
Main Author: Kircheis, Robert
Format: Others
Language:English
Published: Högskolan i Halmstad, Sektionen för Informationsvetenskap, Data– och Elektroteknik (IDE) 2008
Subjects:
Online Access:http://urn.kb.se/resolve?urn=urn:nbn:se:hh:diva-2195