A Turnpike Result for Discrete-Time Optimal Control Systems

Alexander J. Zaslavski
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Alexander J. Zaslavski: Technion - Israel Institute of Technology

Chapter Chapter 12 in Nonconvex Optimal Control and Variational Problems, 2013, pp 327-369 from Springer

Abstract: Abstract In this chapter we study a turnpike property of approximate solutions for a general class of discrete-time control systems without discounting and with a compact metric space of states. This class of control systems is identified with a complete metric space of objective functions. We show that for a generic objective function approximate solutions of the corresponding control system possess the turnpike property.

Keywords: Discrete-time Optimal Control System; Turnpike Results; Turnpike Property; Relative Topology; Countable Intersection (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spochp:978-1-4614-7378-7_12

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DOI: 10.1007/978-1-4614-7378-7_12

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