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Duality between discounted and undiscounted models of optimal growth for a class of utility functions

โœ Scribed by Sumit Joshi


Book ID
116102080
Publisher
Elsevier Science
Year
1994
Tongue
English
Weight
244 KB
Volume
44
Category
Article
ISSN
0165-1765

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Both parametric and nonparametric necessary and sufficient optimality conditions are established for a class of nonsmooth constrained optimal control problems with fractional objective functions and linear dynamics. Moreover, using the forms and contents of these optimality principles, four parametr