Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Optimal Control Problems Related to the RobinsonSolowSrinivasan Model

Optimal Control Problems Related to the RobinsonSolowSrinivasan Model

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9789811622519
Condition
New
Product Description

This book is devoted to the study of classes of optimal control problems arising in economic growth theory, related to the RobinsonSolowSrinivasan (RSS) model. The model was introduced in the 1960s by economists Joan Robinson, Robert Solow, and Thirukodikaval Nilakanta Srinivasan and was further studied by Robinson, Nobuo Okishio, and Joseph Stiglitz. Since then, the study of the RSS model has become an important element of economic dynamics. In this book, two large general classes of optimal control problems, both of them containing the RSS model as a particular case, are presented for study. For these two classes, a turnpike theory is developed and the existence of solutions to the corresponding infinite horizon optimal control problems is established. The book contains 9 chapters. Chapter 1 discusses turnpike properties for some optimal control problems that are known in the literature, including problems corresponding to the RSS model. The first class of optimal control problems is studied in Chaps. 26. In Chap. 2, infinite horizon optimal control problems with nonautonomous optimality criteria are considered. The utility functions, which determine the optimality criterion, are nonconcave. This class of models contains the RSS model as a particular case. The stability of the turnpike phenomenon of the one-dimensional nonautonomous concave RSS model is analyzed in Chap. 3. The following chapter takes up the study of a class of autonomous nonconcave optimal control problems, a subclass of problems considered in Chap. 2. The equivalence of the turnpike property and the asymptotic turnpike property, as well as the stability of the turnpike phenomenon, is established. Turnpike conditions and the stability of the turnpike phenomenon for nonautonomous problems are examined in Chap. 5, with Chap. 6 devoted to the study of the turnpike properties for the one-dimensional nonautonomous nonconcave RSS model. The utility functions, which determine the optimality criterion, are nonconcave. The class of RSS models is identified with a complete metric space of utility functions. Using the Baire category approach, the turnpike phenomenon is shown to hold for most of the models. Chapter 7 begins the study of the second large class of autonomous optimal control problems, and turnpike conditions are established. The stability of the turnpike phenomenon for this class of problems is investigated further in Chaps. 8 and 9.

Available Colors
Available Sizes
1 Offer Price Range: $109.00 - $109.00
BEST PRICE

Single Product Purchase

$109.00
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$109.00 $109.00

$109.00
See Site In stock Visit Store

Similar Products

HCI International 2022 - Late Breaking Papers. Multimodality in Advanced Interaction Environments

$54.99

Amphetamin in der Klinischen Medizin

$64.99

Quantum Computing: Applications and Challenges

$219.99

The Biology and Management of Mountain Ungulates

$109.99

Europe in Progress

$69.99

Microemulsions

$109.99

Beton Anregungen zur Verbesserung des Materials

$59.99

Hydatidosis of the Central Nervous System: Diagnosis and Treatment

$109.99

Ecological Studies in the Antarctic Sea Ice Zone

$169.99

Algorithmic Aspects of Wireless Sensor Networks

$39.99

Ennius im Urteil der Antike

$49.99

Preparative Polar Organometallic Chemistry

$54.99

Bioactive Polysaccharide Materials for Modern Wound Healing

$54.99

Acta Psychologica including Netherlands-Scandinavian Journal of Psychology

$54.99

Die Organe

$79.99

Patch Testing Tips

$59.99

Corporate Governance und die Performance von Mergers & Acquisitions

$69.99

Erfolgreiche Rekrutierung von Franchisenehmern

$39.99

Paint Shop Pro 8 Zero to Hero

$19.99

Handwrterbuch zur politischen Kultur der Bundesrepublik Deutschland

$69.99

Bekanntmachungen ber Prfungen und Beglaubigungen durch die Elektrischen Prfmter in den Jahren 19

$59.99

Schemapdagogik

$69.99

People, Parks, and Power

$49.99

Theoretical Advancement in Chromatography and Related Separation Techniques

$39.99

Challenges in Scientific Computing - CISC 2002

$84.99

A Primer in Density Functional Theory

$79.99

Selbstreproduzierende Maschinen

$119.99

Panorama der Mathematik

$29.99

Organic Computing A Paradigm Shift for Complex Systems

$129.00

Residue Reviews/Rckstandsberichte

$74.99

Arthritis und Spondylitis psoriatica

$59.99

The Hyper(in)visible Fat Woman

$64.99

Strmungserscheinungen in Ventilen/Gastheoretische Deutung der Reynoldsschen Kennzahl/ber die Stabi

$59.99

Bilanzgestaltung

$54.99

Male Homosexualities and World Religions

$54.99

Die Waldbautechnik im Spessart

$59.99

Entrepreneurial Family Businesses

$79.99

Clinical Atlas of Peripheral Retinal Disorders

$74.99

Anreizstrukturen bei deutschen Kreditgenossenschaftsbanken

$49.99

Functional Imaging and Modeling of the Heart

$39.99