Article ID Journal Published Year Pages File Type
1710769 Applied Mathematics Letters 2006 6 Pages PDF
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
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