Feasibility in Finite Time
Sjur Flåm,
J.-B. Hirart-Urruty () and
Abderrahim Jourani ()
Additional contact information
J.-B. Hirart-Urruty: Universite Paul Sabatier, Toulouse, Postal: Toulouse, Laboratoire MIP, France, http://www.math.univ-toulouse.fr/~jbhu/
Abderrahim Jourani: Universite de Bourgogne, Institut de Mathematiques, Postal: B.P. 47870, 210778 Dijon, France
No 11/07, Working Papers in Economics from University of Bergen, Department of Economics
Abstract:
It is common to tolerate that a system's performance be unsustainable during an interim period. To live long however, its state must eventually satisfy various constraints. In this regard we design here differential inclusions that generate, in one generic format, two distinct phases of system dynamics. The first ensures feasibility in finite time; the second maintains that property forever after.
Keywords: differential inclusions; generalized subdifferentials; duality mapping; distance function; prox-regurality; finite-time absorption; sweeping processess. (search for similar items in EconPapers)
JEL-codes: C02 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2007-07-30
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:bergec:2007_011
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