Analyzing a Maximum Principle for Finite Horizon State Constrained Problems via Parametric Examples. Part 2: Problems with Bilateral State Constraints
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DOI: 10.1080/01630563.2021.1959344
Abstract: Abstract In this article, a maximum principle for finite horizon state-constrained problems is analyzed via parametric examples. These parametric examples resemble typical optimal growth problems in mathematical economics. Since the maximum principle is only a… read more here.
Keywords: state; part; maximum principle; principle finite ... See more keywords