| HAL: halshs-00639729, version 1 |
| DOI: 10.1016/j.mathsocsci.2010.11.005 |
| Detailed view | Export this paper |
|
|
| Mathematical Social Sciences 61, 2 (2011) 97-103 |
|
|
|
|
| Optimal timing of regime switching in optimal growth models: A Sobolev space approach |
|
|
| Cuong Le Van 1, 2, 3, 4Erol Dogan 5 |
|
|
| (2011-03) |
|
|
| This paper analyses the optimal timing of switching between alternative and consecutive regimes in optimal growth models. We derive the appropriate necessary conditions for such problems by means of the standard techniques from calculus of variations and some basic properties of Sobolev spaces. |
|
|
|
|
|
|
|
|
|
|
| 1: | Centre d'économie de la Sorbonne (CES) |
| CNRS : UMR8174 – Université Paris I - Panthéon-Sorbonne | |
| 2: | Ecole d'Économie de Paris - Paris School of Economics (EEP-PSE) |
| Ecole d'Économie de Paris | |
| 3: | University of Exeter Business School |
| University of Exeter Business School | |
| 4: | VanXuan Center of Research in Economics, Management and Environment (VCREME) |
| VanXuan Center of Research in Economics, Management and Environment | |
| 5: | Bilkent University |
| Bilkent University | |
|
|
|
|
|
|
|
|
| Subject | : | Humanities and Social Sciences/Economies and finances Mathematics/Optimization and Control |
|
|
| Multi-stage optimal control – Sobolev spaces – Optimal growth models |
|
|
| Attached file list to this document: | |||||
|
|
|
| halshs-00639729, version 1 | |
| http://halshs.archives-ouvertes.fr/halshs-00639729 | |
| oai:halshs.archives-ouvertes.fr:halshs-00639729 | |
| From: Cuong Le Van | |
| Submitted on: Wednesday, 9 November 2011 19:07:29 | |
| Updated on: Friday, 16 December 2011 14:34:51 | |