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Science/Engineering Springer Turnpike Properties in the Calculus of Variations and Optimal Control by Alexander J.Zaslavski

Posted on 2010-04-10

Name:	Science/Engineering Springer Turnpike Properties in the Calculus of Variations and Optimal Control by Alexander J.Zaslavski
ASIN/ISBN:	038728155X
Language:	English
File size:	2.13 Mb
Language:	English
Publish Date:	2006
ISBN:	0-387-28155-X
File Type:	True PDF
Pages:	407 pages
File Size:	2,13 Mb
Other Info:	Springer

Science/Engineering Springer Turnpike Properties in the Calculus of Variations and Optimal Control by Alexander J.Zaslavski

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Springer Turnpike Properties in the Calculus of Variations and Optimal Control

by Alexander J.Zaslavski

This book is devoted to the recent progress on the turnpike theory. The turnpike property was discovered by Paul A.Samuelson, who applied it to problems in mathematical economics in 1949. These properties were studied for optimal trajectories of models of economic dynamics determined by convex processes. In this monograph the author, a leading expert in modern turnpike theory, presents a number of results concerning the turnpike properties in the calculus of variations and optimal control which were obtained in the last ten years. These results show that the turnpike properties form a general phenomenon which holds for various classes of variational problems and optimal control problems. The book should help to correct the misapprehension that turnpike properties are only special features of some narrow classes of convex problems of mathematical economics.

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