Discontinuous control systems

Atle Seierstad () and Sigve D. Stabrun
Additional contact information
Atle Seierstad : Dept. of Economics, University of Oslo, Postal: Department of Economics, University of Oslo, P.O Box 1095 Blindern, N-0317 Oslo, Norway
Sigve D. Stabrun : Storebrand, Postal: Postboks 1380 Vika , N-0114 Oslo, Norway

No 02/2008, Memorandum from Oslo University, Department of Economics

Abstract: By means of some simple examples from economics, we elucidatecertain solution tools for the solution of optimal control problems were the system under study undergoes major changes when certain boundaries are crossed. The "major changes" may be that the state gets a jump discontinuity when crossing a boundary, or that the right hand side of the differential equation changes. Some theoretical result are presented. Among the results presented, at least the sufficient condition related to fields of extremals should be new.

Keywords: control; systems (search for similar items in EconPapers)
JEL-codes: C00 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2008-02-08
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.sv.uio.no/econ/english/research/unpubl ... 008/Memo-02-2008.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:osloec:2008_002

Access Statistics for this paper

More papers in Memorandum from Oslo University, Department of Economics Department of Economics, University of Oslo, P.O Box 1095 Blindern, N-0317 Oslo, Norway. Contact information at EDIRC.
Bibliographic data for series maintained by Mari Strønstad Øverås ().