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Trudy Instituta Matematiki i Mekhaniki UrO RAN, 2009, Volume 15, Number 3, Pages 127–138
(Mi timm411)
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This article is cited in 4 scientific papers (total in 4 papers)
Construction of nonlinear regulators in economic growth models
A. A. Krasovskii, A. M. Taras'ev Institute of Mathematics and Mechanics, Ural Branch of the Russian Academy of Sciences
Abstract:
An infinite horizon optimal control problem is considered which arises in an economic growth model with exhaustible energy resources. The Hamiltonian system in the Pontryagin maximum principle is analyzed and nonlinear regulators are constructed for the dynamical system under consideration. The presented results of synthetic economic growth trajectories generated by nonlinear regulators of the system are based on real data.
Keywords:
nonlinear control systems, optimal stabilization, economic modeling.
Received: 20.03.2009
Citation:
A. A. Krasovskii, A. M. Taras'ev, “Construction of nonlinear regulators in economic growth models”, Trudy Inst. Mat. i Mekh. UrO RAN, 15, no. 3, 2009, 127–138; Proc. Steklov Inst. Math. (Suppl.), 268, suppl. 1 (2010), S143–S154
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https://www.mathnet.ru/eng/timm411 https://www.mathnet.ru/eng/timm/v15/i3/p127
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Abstract page: | 737 | Full-text PDF : | 191 | References: | 80 | First page: | 11 |
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