Introduction

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

Chapter Chapter 1 in Turnpike Phenomenon and Infinite Horizon Optimal Control, 2014, pp 1-22 from Springer

Abstract: Abstract The study of optimal control problems and variational problems defined on infinite intervals and on sufficiently large intervals has been a rapidly growing area of research [3, 4, 8, 11–13, 18, 22, 24–27, 32, 34, 39–42, 44, 50, 51, 56, 70] which has various applications in engineering [1, 29, 76], in models of economic growth [2, 14–17, 21, 23, 28, 33, 38, 43, 46–48, 56], in infinite discrete models of solid-state physics related to dislocations in one-dimensional crystals [7, 49], and in the theory of thermodynamical equilibrium for materials [20, 30, 35–37].

Keywords: Turnpike Property (TP); Infinite Horizon Optimal Control Problem; Turnpike Results; Turnpike Phenomenon; Balanced Equilibrium Path (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spochp:978-3-319-08828-0_1

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DOI: 10.1007/978-3-319-08828-0_1

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