Title of article
Concavity in a vintage capital model with nonlinear utility Original Research Article
Author/Authors
Natali Hritonenko، نويسنده , , Yuri Yatsenko، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
6
From page
267
To page
272
Abstract
An optimization problem in an economic vintage capital model with nonlinear utility is investigated. It is described by non-linear Volterra integral equations with an unknown in the limits of integration. The concavity of the problem is proven, the condition for an extremum is established, and their relevance to applications is demonstrated.
Keywords
Integral equations , Vintage capital models , Nonlinear utility function , Optimal control , Concavity
Journal title
Applied Mathematics Letters
Serial Year
2006
Journal title
Applied Mathematics Letters
Record number
898110
Link To Document