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Local dynamics for planar optimal control problems : a complete characterization
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Autores
Orientador(es)
Resumo(s)
This paper presents a complete characterization of the local dynamics for infinite horizon continuous time discounted planar optimal control problems. A local bifurcations' approach is used to determine the local stable- center- and complex-submanifolds over a two-dimensional space defined by a transformation from the primitive parameter space. A local stability theorem and necessary conditions for the existence (and location) of one- and two-dimensional fold and Andronov-Hopf bifurcations are the main results of the paper
Descrição
Palavras-chave
Planar Optimal Control Problems Local Dynamics Bifurcations
Contexto Educativo
Citação
Brito, Paulo. 1997. "Local dynamics for planar optimal control problems : a complete characterization". Instituto Superior de Economia e Gestão - DE Working papers nº 7-1997/DE
Editora
ISEG - Departamento de Economia