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Feasibility in Finite Time

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Author Info

  • Flåm, Sjur Didrik

    () (University of Bergen, Department of Economics)

  • Hirart-Urruty, J.-B.

    () (Universite Paul Sabatier, Toulouse)

  • Jourani, Abderrahim

    () (Universite de Bourgogne, Institut de Mathematiques)

Abstract

It is common to tolerate that a system's performance be unsustainable during an interim period. To live long however, its state must eventually satisfy various constraints. In this regard we design here differential inclusions that generate, in one generic format, two distinct phases of system dynamics. The first ensures feasibility in finite time; the second maintains that property forever after.

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File URL: http://www.uib.no/filearchive/No.%2011-07.pdf
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Bibliographic Info

Paper provided by University of Bergen, Department of Economics in its series Working Papers in Economics with number 11/07.

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Length: 19 pages
Date of creation: 30 Jul 2007
Date of revision:
Handle: RePEc:hhs:bergec:2007_011

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Postal: Institutt for økonomi, Universitetet i Bergen, Postboks 7802, 5020 Bergen, Norway
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Web page: http://www.uib.no/econ/en
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Related research

Keywords: differential inclusions; generalized subdifferentials; duality mapping; distance function; prox-regurality; finite-time absorption; sweeping processess.;

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