×

Infinite-horizon Pontryagin principles with constraints. (English) Zbl 1134.49012

Ruffing, A. (ed.) et al., Communications of the Laufen colloquium on science, Laufen, Austria, April 1–5, 2007. Aachen: Shaker (ISBN 978-3-8322-6739-1/pbk). Berichte aus der Mathematik, 2.1-2.14 (2007).
Summary: We establish new versions of Pontryagin maximum principle in the strong form for discrete-time problems of optimal control under inequality constraints in the infinite-horizon setting. Instead of the classical concavity conditions we use a more general condition due to P. Michel to obtain our results
For the entire collection see [Zbl 1130.39001].

MSC:

49K10 Optimality conditions for free problems in two or more independent variables
39A05 General theory of difference equations
93C55 Discrete-time control/observation systems
91B62 Economic growth models