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Optimal Control Synthesis in a Ramsey-Type Model.

Authors :
Trusov, N. V.
Shananin, A. A.
Source :
Computational Mathematics & Mathematical Physics. Sep2024, Vol. 64 Issue 9, p1939-1973. 35p.
Publication Year :
2024

Abstract

A mathematical description of the economic behavior of a representative household in an imperfect market of consumer loans and deposits is studied. The model is formalized as a finite-horizon optimal control problem. A classification of the behavior of social layers depending on market condition parameters is obtained. An infinite-horizon optimal control synthesis is constructed. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09655425
Volume :
64
Issue :
9
Database :
Academic Search Index
Journal :
Computational Mathematics & Mathematical Physics
Publication Type :
Academic Journal
Accession number :
180733882
Full Text :
https://doi.org/10.1134/S0965542524701112