Turnpike Properties in the Calculus of Variations and Optimal Control
This book is devoted to the recent progress on the turnpike theory. The turnpike property was discovered by Paul A. Samuelson, who applied it to problems in mathematical economics in 1949. These properties were studied for optimal trajectories of models of economic dynamics determined by convex proc...
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Format: | Electronic eBook |
Language: | English |
Published: |
New York, NY :
Springer US : Imprint: Springer,
2006.
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Edition: | 1st ed. 2006. |
Series: | Nonconvex Optimization and Its Applications,
80 |
Subjects: | |
Online Access: | https://doi.org/10.1007/0-387-28154-1 |
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