Maximum principle for Volterra integral equations with controlled delay time

Optimal control problems are considered for a special class of nonlinear Volterra integral equations with unknown functions in the limits of integration. The equations describe the renewal of age-dependent capital equipment under technological change. A dual system and a maximum principle are established for such problems.

[1]  J. Warga Optimal control of differential and functional equations , 1972 .

[2]  N. Hritonenko,et al.  Optimization in integral model of develops systems , 1994 .

[3]  Raouf Boucekkine,et al.  Creative Destruction, Investment Volatility, and the Average Age of Capital , 1998 .

[4]  J. Warga,et al.  Optimization - A theory of necessary conditions , 1978, IEEE Transactions on Automatic Control.

[5]  V. Vinokurov,et al.  Optimal Control of Processes Described by Integral Equations, III , 1969 .

[6]  J. Casti,et al.  The qualitative theory of optimal processes , 1976 .

[7]  V. Bakke,et al.  A maximum principle for an optimal control problem with integral constraints , 1974 .

[8]  A gradient method for systems described by integral equations , 1973 .

[9]  Natali Hritonenko,et al.  Integral-functional equations for optimal renovation problems , 1996 .

[10]  Aldo Rustichini,et al.  Vintage capital, investment, and growth , 1991 .

[11]  Natali Hritonenko,et al.  Mathematical Modeling in Economics, Ecology and the Environment , 1999 .

[12]  A. Rubinov Abstract Convexity and Global Optimization , 2000 .

[13]  L. S. Pontryagin,et al.  Mathematical Theory of Optimal Processes , 1962 .

[14]  James Tobin,et al.  Neoclassical Growth with Fixed Factor Proportions , 1966 .

[15]  L. Shaikhet On the optimal control of integral-functional equations , 1985 .

[16]  A.Ya. Dubovitskii,et al.  Extremum problems in the presence of restrictions , 1965 .

[17]  Mark M. Meerschaert,et al.  Mathematical Modeling , 2014, Encyclopedia of Social Network Analysis and Mining.

[18]  Negash G Medhin Optimal processes governed by integral equations , 1986 .

[19]  D. A. Carlson An elementary proof of the maximum principle for optimal control problems governed by a Volterra integral equation , 1987 .

[20]  A. Ioffe,et al.  Theory of extremal problems , 1979 .

[21]  Onno van Hilten The optimal lifetime of capital equipment , 1991 .

[22]  B. N. Pshenichnyi Necessary Conditions for an Extremum , 1971 .

[23]  T. Angell On the optimal control of systems governed by nonlinear volterra equations , 1976 .