Abstract
In this paper we establish turnpike results for a class of discrete-time optimal control problems. These control problems arise in economic dynamics and describe a nonstationary model proposed by Robinson, Solow and Srinivasan. We study the structure of approximate solutions which is independent of the length of the interval, for all sufficiently large intervals.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have