A current value Hamiltonian Approach for Discrete time Optimal Control Problems arising in Economic Growth
Optimization and Control
2021-12-28 v1 Dynamical Systems
Abstract
Pontrygin-type maximum principle is extended for the present value Hamiltonian systems and current value Hamiltonian systems of nonlinear difference equations for uniform time step . A new method termed as a discrete time current value Hamiltonian method is established for the construction of first integrals for current value Hamiltonian systems of ordinary difference equations arising in Economic growth theory.
Keywords
Cite
@article{arxiv.1801.03637,
title = {A current value Hamiltonian Approach for Discrete time Optimal Control Problems arising in Economic Growth},
author = {Rehana Naz},
journal= {arXiv preprint arXiv:1801.03637},
year = {2021}
}