Turnpike properties in the calculus of variations and optimal control

This book is devoted to the recent progress on the turnpike theory. The turnpike property was discovered by Paul A. Samuelson, who applied it to problems in mathematical economics in 1949. These properties were studied for optimal trajectories of models of economic dynamics determined by convex proc...

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Autor principal: Zaslavski, Alexander J.
Format: Livre numérique
Idioma:Anglais
Publicat: New York, NY : Springer US [20..].
Cham : Springer Nature
Edició:1st ed. 2006.
Col·lecció:Nonconvex Optimization and Its Applications 80
Matèries:
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Nota: Description d'après consultation du 29 avril 2011
Archives Springer e-books (Licence nationale)
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Edition sous un autre format:• Turnpike Properties in the Calculus of Variations and Optimal Control, Texte imprimé, 9780387508801
• Turnpike Properties in the Calculus of Variations and Optimal Control, Texte imprimé, 9781441939241
• Turnpike Properties in the Calculus of Variations and Optimal Control, Texte imprimé, 9780387281551
Descripció
Sumari:This book is devoted to the recent progress on the turnpike theory. The turnpike property was discovered by Paul A. Samuelson, who applied it to problems in mathematical economics in 1949. These properties were studied for optimal trajectories of models of economic dynamics determined by convex processes. In this monograph the author, a leading expert in modern turnpike theory, presents a number of results concerning the turnpike properties in the calculus of variations and optimal control which were obtained in the last ten years. These results show that the turnpike properties form a general phenomenon which holds for various classes of variational problems and optimal control problems. The book should help to correct the misapprehension that turnpike properties are only special features of some narrow classes of convex problems of mathematical economics. Audience This book is intended for mathematicians interested in optimal control, calculus of variations, game theory and mathematical economics
Descripció de l’ítem:Description d'après consultation du 29 avril 2011
Archives Springer e-books (Licence nationale)
Archives Springer e-books (Licence nationale)
Bibliografia:Bibliogr. p. [386]-394. Index
ISBN:0387281541
9780387281544
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