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math.OC2021★ 85 cited
On the value function for nonautonomous optimal control problems with infinite horizon
J. Baumeister, A. Leitao, G. N. Silva
In this paper we consider nonautonomous optimal control problems of infinite horizon type, whose control actions are given by -functions. We verify that the value function is…
math.OC2020★ 6 cited
Optimal exploitation of renewable resource stocks: Necessary conditions
J. Baumeister, A. Leitao
We study a model for the exploitation of renewable stocks developed in Clark et al. (Econometrica 47 (1979), 25-47). In this particular control problem, the control law contains a…