Optimal Control and Its Application to the Life-Cycle Savings Problem
Throughout the course of this thesis, we give an introduction to optimal control theory and its necessary conditions, prove Pontryagin's Maximum Principle, and present the life-cycle saving under uncertain lifetime optimal control problem. We present a very involved sensitivity analysis that d...
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| Format: | Others |
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VCU Scholars Compass
2016
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| Online Access: | http://scholarscompass.vcu.edu/etd/4288 http://scholarscompass.vcu.edu/cgi/viewcontent.cgi?article=5352&context=etd |