A Note on Transversality Conditions

Ngo Long and Koji Shimomura

No 144, Discussion Paper Series from Research Institute for Economics & Business Administration, Kobe University

Abstract: We derive a new transversality condition (which we prove to be necessary) for a class of infinite horizon optimal control problems.

Keywords: Transversality condition; Optimal control theory (search for similar items in EconPapers)
JEL-codes: C61 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2003-11
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
https://www.rieb.kobe-u.ac.jp/academic/ra/dp/English/dp144.pdf First version, 2003 (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:kob:dpaper:144

Access Statistics for this paper

More papers in Discussion Paper Series from Research Institute for Economics & Business Administration, Kobe University 2-1 Rokkodai, Nada, Kobe 657-8501 JAPAN. Contact information at EDIRC.
Bibliographic data for series maintained by Office of Promoting Research Collaboration, Research Institute for Economics & Business Administration, Kobe University ().