URN to cite this document: urn:nbn:de:bvb:703epub31869
Title data
Grüne, Lars ; Kellett, Christopher M. ; Weller, Steven R.:
On the relation between turnpike properties for finite and infinite horizon optimal control problems.
Bayreuth
,
2017
.  18 S.
This is the latest version of this item.
Project information
Project title: 



Project financing: 
Deutsche Forschungsgemeinschaft ARC 
Abstract
We show that, under appropriate regularity conditions, a finite horizon optimal control problem exhibits the turnpike property, if and only if its infinite horizon counterpart does. We prove the result for undiscounted and for discounted problems, and also provide a version, which incorporates quantitative information about the convergence rates.
Further data
Item Type:  Preprint, postprint 

Keywords:  turnpike property; finite horizon optimal control; infinite horizon optimal control; optimal equilibrium 
DDC Subjects:  500 Science > 510 Mathematics 
Institutions of the University:  Faculties Faculties > Faculty of Mathematics, Physics und Computer Science Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics > Chair Mathematics V (Applied Mathematics) Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics > Chair Mathematics V (Applied Mathematics) > Chair Mathematics V (Applied Mathematics)  Univ.Prof. Dr. Lars Grüne Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics > Chair Applied Mathematics Profile Fields Profile Fields > Advanced Fields Profile Fields > Advanced Fields > Nonlinear Dynamics Research Institutions > Research Centres > Forschungszentrum für Modellbildung und Simulation (MODUS) Research Institutions Research Institutions > Research Centres 
Language:  English 
Originates at UBT:  Yes 
URN:  urn:nbn:de:bvb:703epub31869 
Date Deposited:  07 Feb 2017 06:47 
Last Modified:  28 Mar 2019 10:38 
URI:  https://epub.unibayreuth.de/id/eprint/3186 
Available Versions of this Item

On the relation between turnpike properties for finite and infinite horizon optimal control problems. (deposited 28 Oct 2016 06:13)
 On the relation between turnpike properties for finite and infinite horizon optimal control problems. (deposited 07 Feb 2017 06:47) [Currently Displayed]