Article ID Journal Published Year Pages File Type
4615091 Journal of Mathematical Analysis and Applications 2015 23 Pages PDF
Abstract
We consider the optimization problem that consists in maximizing the time averaged profit for a motion of a smooth polydynamical system on the circle in the presence of a smooth profit density. When the problem depends on a k-dimensional parameter the optimal averaged profit is a function of the parameter. It is known that an optimal motion can always be selected among stationary strategies and a special type of periodic cyclic motions called level cycles. We present the classification of all generic singularities of the optimal averaged profit when k≤2 for phase transitions between these two optimal strategies.
Related Topics
Physical Sciences and Engineering Mathematics Analysis
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