Turnpike Results for a Class of Discrete-Time Optimal Control Problems Arising in Economic Dynamics |
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Authors: | Alexander J Zaslavski |
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Institution: | 1. Department of Mathematics, The Technion-Israel Institute of Technology, 32000, Haifa, Israel
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Abstract: | In this paper we establish turnpike results for a class of discrete-time optimal control problems. These control problems
arise in economic dynamics and describe a nonstationary model proposed by Robinson, Solow and Srinivasan. We study the structure
of approximate solutions which is independent of the length of the interval, for all sufficiently large intervals. |
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