Article ID Journal Published Year Pages File Type
844817 Nonlinear Analysis: Theory, Methods & Applications 2006 9 Pages PDF
Abstract
The paper investigates a nonlinear optimal control problem for the Volterra integral equations with an unknown function in the lower limit of integration. The applied interpretation of the problem consists of the optimal renovation of vintage capital under the embodied technological change. An explicit solution is constructed and its properties are analyzed in the case of a nonlinear revenue dependence on product output.
Related Topics
Physical Sciences and Engineering Engineering Engineering (General)
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