Abstract
In this paper we discuss the pros and cons of several optimal control policies that can be used to track desired target paths which are asymptotically admissible. To that end we first properly define what we mean by an asymptotically admissible target path, and give a characterization of these paths in case the considered system is described by a linear, finite dimensional, time-varying difference equation.
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© 1991 Springer-Verlag
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Engwerda, J.C. (1991). Tracking strategies for asymptotically admissible target paths in economic models. In: Hämäläinen, R.P., Ehtamo, H.K. (eds) Differential Games — Developments in Modelling and Computation. Lecture Notes in Control and Information Sciences, vol 156. Springer, Berlin, Heidelberg. https://doi.org/10.1007/BFb0040242
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DOI: https://doi.org/10.1007/BFb0040242
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