Solution existence theorems for finite horizon optimal economic growth problems

نویسندگان

چکیده

The solution existence of finite horizon optimal economic growth problems is studied by invoking Filippov's Existence Theorem for control from the monograph Cesari L. [Optimization theory and applications. New York: Springer-Verlag; 1983]. Our results are obtained not only general but also typical ones, where production function given either AK or Cobb–Douglas one, while utility can be in a linear power form. Some open questions conjectures about regularity global solutions formulated this paper.

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ژورنال

عنوان ژورنال: Optimization

سال: 2021

ISSN: ['0974-0988']

DOI: https://doi.org/10.1080/02331934.2021.1939340