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Sufficient conditions for a class of investment problems

✍ Scribed by Robert D. Cairns


Book ID
104293563
Publisher
Elsevier Science
Year
1998
Tongue
English
Weight
142 KB
Volume
23
Category
Article
ISSN
0165-1889

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✦ Synopsis


Sufficient conditions are obtained for a generalization of the control problem of Bolza-Hestenes, in which various functions may not be concave in the control parameter(s). It is applicable to problems of investment in fixed capacity, where there are economies of scale.


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Sufficient conditions of optimality for
✍ A.Z. Fazylov πŸ“‚ Article πŸ“… 1997 πŸ› Elsevier Science 🌐 English βš– 147 KB

The problem of the containment of the trajectories of a differential inclusion in a specified closed set in a nuvrimum time interval [ 1-4], which is a probleta of optimal control with phase constraints, is considered. Sufficient conditions for optimality are obtained in the form of ammdmum principl