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On the Problem of Optimal Stimulation of Demand.
- Source :
- Proceedings of the Steklov Institute of Mathematics; 8/20/2024, Vol. 325 Issue 1, pS33-S47, 15p
- Publication Year :
- 2024
-
Abstract
- We study the problem of optimal stimulation of demand based on a controlled version of Kaldor's business cycle model. Using the approximation method, we prove a version of Pontryagin's maximum principle in normal form containing an additional pointwise condition on the adjoint variable. The results obtained develop and strengthen the previous results in this direction. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 00815438
- Volume :
- 325
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- Proceedings of the Steklov Institute of Mathematics
- Publication Type :
- Academic Journal
- Accession number :
- 179142334
- Full Text :
- https://doi.org/10.1134/S0081543824030039