Constructing the Optimal Solutions to the Undiscounted Continuous-Time Infinite Horizon Optimization Problems
arXiv:0803.4046 · doi:10.1016/j.na.2009.03.066
Abstract
We aim to construct the optimal solutions to the undiscounted continuous-time infinite horizon optimization problems, the objective functionals of which may be unbounded. We identify the condition under which the limit of the solutions to the finite horizon problems is optimal for the infinite horizon problems under the overtaking criterion.
References in corpus (1)
Cited by in corpus (4)
- Transversality Conditions for Infinite Horizon Variational Problems on Time Scales
- Transversality Conditions for Stochastic Higher-Order Optimality: Continuous and Discrete Time Problems
- Transversality Conditions for Higher Order Infinite Horizon Discrete Time Optimization Problems
- The "Eating up Assumption", Transversality Conditions, and Steady States for Discrete Time Infinite Horizon Problems