ISSN:
1573-2878
Keywords:
Optimal control
;
maximum principle
;
sufficient conditions
;
integro-differential equations
;
path constraints
;
economic applications
Source:
Springer Online Journal Archives 1860-2000
Topics:
Mathematics
Notes:
Abstract Sufficient conditions in the form of a maximum principle are obtained for the optimal control of a system described by integro-differential equations and subject to some specified path constraints. The conditions are relaxed to allow for jumps in the adjoint variables at the junction points, provided a certain convexity hypothesis is satisfied for the constraint set at these points.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF00933044