Discrete time Pontryagin Principles with Infinite Horizon.

We establish necessary conditions of optimality for problems of optimal control Theory in the discrete time framework with infinite horizon. Our necessary conditions are in the form of Pontryagin principles. We treat smooth and partially nonsmooth settings, without concavity. A strong motivation to the study of such problems comes from Dynamical Macroeconomic Theory, and there exist also some motivations provided by Physics.

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Year of publication:	2000
Authors:	Blot, J. ; Chebbi, H.
Institutions:	Centre de recherche de mathématiques et économie mathématique (CERMSEM), Centre d'Économie de la Sorbonne
Subject:	MACROECONOMICS \| OPTIMISATION \| ECONOMIC THEORY

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Series:	Papiers d'Economie Mathématique et Applications.
Type of publication:	Book / Working Paper
Notes:	19 pages
Classification:	E13 - Neoclassical ; C61 - Optimization Techniques; Programming Models; Dynamic Analysis
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005776503