Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1710769 | Applied Mathematics Letters | 2006 | 6 Pages |
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.
Related Topics
Physical Sciences and Engineering
Engineering
Computational Mechanics
Authors
Natali Hritonenko, Yuri Yatsenko,