DocumentCode
3132825
Title
A local stability condition for optimal control problems
Author
Sorger, Gerhard
Author_Institution
Fac. of Manage., Toronto Univ., Ont., Canada
fYear
1989
fDate
13-15 Dec 1989
Firstpage
288
Abstract
The modified Hamiltonian dynamical system associated with a discounted infinite-horizon optimal control problem is considered. It is shown that the sufficient conditions for global asymptotic stability developed by the author (J. Econ. Theory, vol.48, 1989) are also necessary for local asymptotic stability, if the stationary point under consideration is symmetric or the discount rate is zero
Keywords
optimal control; stability; discounted infinite-horizon optimal control; global asymptotic stability; local stability condition; modified Hamiltonian dynamical system; stationary point; Asymptotic stability; Differential equations; Infinite horizon; Jacobian matrices; Mathematics; Optimal control; Sufficient conditions;
fLanguage
English
Publisher
ieee
Conference_Titel
Decision and Control, 1989., Proceedings of the 28th IEEE Conference on
Conference_Location
Tampa, FL
Type
conf
DOI
10.1109/CDC.1989.70119
Filename
70119
Link To Document