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Discontinuous control systems

Author

Listed:
  • Seierstad , Atle

    () (Dept. of Economics, University of Oslo)

  • Stabrun , Sigve D.

    (Storebrand)

Abstract

By means of some simple examples from economics, we elucidatecertain solution tools for the solution of optimal control problems were the system under study undergoes major changes when certain boundaries are crossed. The "major changes" may be that the state gets a jump discontinuity when crossing a boundary, or that the right hand side of the differential equation changes. Some theoretical result are presented. Among the results presented, at least the sufficient condition related to fields of extremals should be new.

Suggested Citation

  • Seierstad , Atle & Stabrun , Sigve D., 2008. "Discontinuous control systems," Memorandum 02/2008, Oslo University, Department of Economics.
  • Handle: RePEc:hhs:osloec:2008_002
    as

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    File URL: https://www.sv.uio.no/econ/english/research/unpublished-works/working-papers/pdf-files/2008/Memo-02-2008.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    control; systems;

    JEL classification:

    • C00 - Mathematical and Quantitative Methods - - General - - - General

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