Optimal control in infinite horizon problems: a Sobolev space approach

Simple item page
dc.citation.epage509en_US
dc.citation.issueNumber3en_US
dc.citation.spage497en_US
dc.citation.volumeNumber32en_US
dc.contributor.authorLe Van, C.en_US
dc.contributor.authorBoucekkine, R.en_US
dc.contributor.authorSaglam, C.en_US
dc.date.accessioned2016-02-08T10:13:06Z
dc.date.available2016-02-08T10:13:06Z
dc.date.issued2007en_US
dc.departmentDepartment of Economicsen_US
dc.description.abstractIn this paper, we make use of the Sobolev space W{1,1}ℝ+, ℝn to derive at once the Pontryagin conditions for the standard optimal growth model in continuous time, including a necessary and sufficient transversality condition. An application to the Ramsey model is given. We use an order ideal argument to solve the problem inherent to the fact that L 1 spaces have natural positive cones with no interior points. © Springer-Verlag 2007.en_US
dc.description.provenanceMade available in DSpace on 2016-02-08T10:13:06Z (GMT). No. of bitstreams: 1 bilkent-research-paper.pdf: 70227 bytes, checksum: 26e812c6f5156f83f0e77b261a471b5a (MD5) Previous issue date: 2007en
dc.identifier.doi10.1007/s00199-006-0118-2en_US
dc.identifier.eissn1432-0479
dc.identifier.issn0938-2259
dc.identifier.urihttp://hdl.handle.net/11693/23383
dc.language.isoEnglishen_US
dc.publisherSpringeren_US
dc.relation.isversionofhttp://dx.doi.org/10.1007/s00199-006-0118-2en_US
dc.source.titleEconomic Theoryen_US
dc.subjectOptimal controlen_US
dc.subjectOrder idealen_US
dc.subjectSobolev spacesen_US
dc.subjectTransversality conditionsen_US
dc.titleOptimal control in infinite horizon problems: a Sobolev space approachen_US
dc.typeArticleen_US

Files

Original bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
Optimal control in infinite horizon problems A Sobolev space approach.pdf
Size:
145.99 KB
Format:
Adobe Portable Document Format
Description:
Full printable version
Download

Collections

Scholarly Publications - Economics