• DocumentCode
    799337
  • Title

    Some characteristic features of optimal control problems in economic theory

  • Author

    Dobell, A.R.

  • Author_Institution
    University of Toronto, Toronto, Ont., Canada
  • Volume
    14
  • Issue
    1
  • fYear
    1969
  • fDate
    2/1/1969 12:00:00 AM
  • Firstpage
    39
  • Lastpage
    48
  • Abstract
    This paper formulates the system equations, state and control space constraints, and a criterion functional for an elementary example of a problem in economic growth, and discusses some further interpretation of the underlying economic structure. Several examples are presented to illustrate particular features of control problems in economics; references to futher examples, and to more general work in mathematical economics, are cited.
  • Keywords
    Bibliographies; Economics; Optimal control; Aggregates; Asset management; Bridges; Buildings; Constraint theory; Control systems; Control theory; Equations; Optimal control; Seminars;
  • fLanguage
    English
  • Journal_Title
    Automatic Control, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    0018-9286
  • Type

    jour

  • DOI
    10.1109/TAC.1969.1099083
  • Filename
    1099083