Limitations in direct and indirect methods for solving optimal control problems in growth theory
The focus of this paper is on a comprehensive analysis of different methods and mathematical techniques used for solving optimal control problems (OCP) in growth theory. Most important methods for solving dynamic non-linear infinite-horizon growth models using optimal control theory are presented an...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Economics institute, Belgrade
2016-01-01
|
| Series: | Industrija |
| Subjects: | |
| Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2016/0350-03731604019R.pdf |