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
Link To Document