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Two-stage optimal control problems with an explicit switch point dependence : Optimality criteria and an example of delivery lags and investment

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  • Tomiyama, Ken
  • Rossana, Robert J.

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  • Tomiyama, Ken & Rossana, Robert J., 1989. "Two-stage optimal control problems with an explicit switch point dependence : Optimality criteria and an example of delivery lags and investment," Journal of Economic Dynamics and Control, Elsevier, vol. 13(3), pages 319-337, July.
  • Handle: RePEc:eee:dyncon:v:13:y:1989:i:3:p:319-337
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    1. Boucekkine, Raouf & Saglam, Cagri & Valléee, Thomas, 2004. "Technology Adoption Under Embodiment: A Two-Stage Optimal Control Approach," Macroeconomic Dynamics, Cambridge University Press, vol. 8(2), pages 250-271, April.
    2. Camacho, Carmen & Hassan, Waleed, 2023. "The dynamics of revolution: Discrimination, social unrest and the optimal timing of revolution," Economic Modelling, Elsevier, vol. 128(C).
    3. Ragot, Lionel & Schubert, Katheline, 2008. "The optimal carbon sequestration in agricultural soils: Do the dynamics of the physical process matter?," Journal of Economic Dynamics and Control, Elsevier, vol. 32(12), pages 3847-3865, December.
    4. Vallée, Thomas & Moreno-Galbis, Eva, 2011. "Optimal time switching from tayloristic to holistic workplace organization," Structural Change and Economic Dynamics, Elsevier, vol. 22(3), pages 238-246, September.
    5. Carmen Camacho & Waleed Hassan, 2023. "People Get Ready: Optimal timing of Revolution," Working Papers halshs-03372991, HAL.
    6. Caulkins, Jonathan P. & Feichtinger, Gustav & Grass, Dieter & Hartl, Richard F. & Kort, Peter M. & Seidl, Andrea, 2013. "When to make proprietary software open source," Journal of Economic Dynamics and Control, Elsevier, vol. 37(6), pages 1182-1194.
    7. Seidl, Andrea & Caulkins, Jonathan P. & Hartl, Richard F. & Kort, Peter M., 2018. "Serious strategy for the makers of fun: Analyzing the option to switch from pay-to-play to free-to-play in a two-stage optimal control model with quadratic costs," European Journal of Operational Research, Elsevier, vol. 267(2), pages 700-715.
    8. R. Boucekkine & H.C. Saglam & T. Vallee, 2002. "Optimal switching time of technologies," Computing in Economics and Finance 2002 64, Society for Computational Economics.
    9. Dogan, Erol & Le Van, Cuong & Saglam, Cagri, 2011. "Optimal timing of regime switching in optimal growth models: A Sobolev space approach," Mathematical Social Sciences, Elsevier, vol. 61(2), pages 97-103, March.
    10. Seidl, Andrea, 2019. "Zeno points in optimal control models with endogenous regime switching," Journal of Economic Dynamics and Control, Elsevier, vol. 100(C), pages 353-368.
    11. Carmen Camacho & Waleed Hassan, 2023. "People Get Ready: Optimal timing of Revolution," PSE Working Papers halshs-03372991, HAL.
    12. Stefan Wrzaczek & Michael Kuhn & Ivan Frankovic, 2020. "Using Age Structure for a Multi-stage Optimal Control Model with Random Switching Time," Journal of Optimization Theory and Applications, Springer, vol. 184(3), pages 1065-1082, March.
    13. Dieter Grass & Richard F. Hartl & Peter M. Kort, 2012. "Capital Accumulation and Embodied Technological Progress," Journal of Optimization Theory and Applications, Springer, vol. 154(2), pages 588-614, August.
    14. Huseyin cagri SAGLAM, 2002. "Optimal pattern of technology adoption under embodiment with a finite planning horizon : A multi-stage optimal control approach," LIDAM Discussion Papers IRES 2002031, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    15. Behringer, Stefan & Upmann, Thorsten, 2017. "Harvesting a Remote Renewable Resource," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168250, Verein für Socialpolitik / German Economic Association.
    16. Elke Moser & Andrea Seidl & Gustav Feichtinger, 2014. "History-dependence in production-pollution-trade-off models: a multi-stage approach," Annals of Operations Research, Springer, vol. 222(1), pages 457-481, November.

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