Discrete time Pontryagin principles with infinite horizon

Authors
Blot, J Chebbi, H
Citation
J. Blot et H. Chebbi, Discrete time Pontryagin principles with infinite horizon, J MATH ANAL, 246(1), 2000, pp. 265-279
Citations number
11
Categorie Soggetti
Mathematics
Journal title
JOURNAL OF MATHEMATICAL ANALYSIS AND APPLICATIONS
ISSN journal
0022247X → ACNP
Volume
246
Issue
1
Year of publication
2000
Pages
265 - 279
Database
ISI
SICI code
0022-247X(20000601)246:1<265:DTPPWI>2.0.ZU;2-1
Abstract
We establish necessary conditions of optimality for problems of optimal con trol theory in the discrete time framework with infinite horizon. Our neces sary conditions are in the form of Pontryagin principles. We treat smooth a nd partially nonsmooth settings, without concavity. A strong motivation to the study of such problems comes from dynamical macroeconomic theory, and t here exist also some motivations provided by physics. (C) 2000 Academic Pre ss.