Monotone optimal trajectories

Niko Jaakkola, Florian Wagener

We give weak conditions for a continuous time optimal control problem with one-dimensional state space to have monotone optimal trajectories. These conditions include a concavity condition on the Lagrange function. If that condition is changed to strict concavity, then all optimal trajectories are monotone.

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Year of publication:	[2025]
Authors:	Jaakkola, Niko ; Wagener, Florian Oskar Ottokar
Publisher:	Amsterdam, The Netherlands : Tinbergen Institute
Subject:	infinite horizon optimal control \| monotone trajectories \| Kontrolltheorie \| Control theory \| Mathematische Optimierung \| Mathematical programming

Extent:	1 Online-Ressource (circa 13 Seiten)
Series:	Discussion paper / Tinbergen Institute. - Rotterdam [u.a.] : [Verlag nicht ermittelbar], ISSN 0929-0834, ZDB-ID 2435783-2. - Vol. TI 2025, 061
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Classification:	C02 - Mathematical Methods ; C61 - Optimization Techniques; Programming Models; Dynamic Analysis
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10015465925