Economic characterization of reciprocal isoperimetric control problems revisited

被引:7
作者
Caputo, MR [1 ]
机构
[1] Univ Calif Davis, Dept Agr & Resource Econ, Davis, CA 95616 USA
关键词
isoperimetric control problems; comparative dynamics; resource economics; economic interpretations;
D O I
10.1023/A:1021750406667
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
Theorem 2.1 of Caputo (Ref. 1) linking the optimal solution functions and optimal value functions of reciprocal pairs of isoperimetric control problems is correct, but requires stronger assumptions than those used explicitly to establish its veracity. One such set of stronger assumptions is provided in this note.
引用
收藏
页码:723 / 730
页数:8
相关论文
共 5 条
[1]   HOW TO DO COMPARATIVE DYNAMICS ON THE BACK OF AN ENVELOPE IN OPTIMAL-CONTROL THEORY [J].
CAPUTO, MR .
JOURNAL OF ECONOMIC DYNAMICS & CONTROL, 1990, 14 (3-4) :655-683
[2]   Economic characterization of reciprocal isoperimetric control problems [J].
Caputo, MR .
JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS, 1998, 98 (02) :325-350
[3]  
Hadley G, 1971, VARIATIONAL METHODS
[4]  
Hartman P., 1982, Ordinary Differential Equations
[5]  
Seierstad A., 1987, Optimal control theory with economic applications