Optimal enforcement on a pure seller's market of illicit drugs

Citation
V. Borisov et al., Optimal enforcement on a pure seller's market of illicit drugs, J OPTIM TH, 106(1), 2000, pp. 1-22
Citations number
10
Categorie Soggetti
Engineering Mathematics
Journal title
JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS
ISSN journal
00223239 → ACNP
Volume
106
Issue
1
Year of publication
2000
Pages
1 - 22
Database
ISI
SICI code
0022-3239(200007)106:1<1:OEOAPS>2.0.ZU;2-S
Abstract
An optimal control problem for the dynamic enforcement (crackdown) of deale rs on a pure seller's market for illicit drugs is explored. Theorems on exi stence and uniqueness of the optimal synthesis are proved. Using a techniqu e of resolution of singularities for degenerate differential equations, we design analytically an optimal enforcement policy.