| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5099925 | Journal of Economic Dynamics and Control | 2007 | 22 Pages |
Abstract
The optimal solution exhibits strong state-dependency, with so-called Skiba curves separating regions in state space where various of these strategies are optimal. There are even instances of intersecting Skiba curves. In most cases, analytical expressions can be stated that characterize these Skiba curves.
Related Topics
Physical Sciences and Engineering
Mathematics
Control and Optimization
Authors
Jonathan P. Caulkins, Richard F. Hartl, Peter M. Kort, Gustav Feichtinger,