In this work we examine a state constrained resource allocation model a with finite time horizon. Therefore, we use the necessary conditions of the Pontrjagin's Maximum Principle to find candidates for the solution and verify them later on using the sufficient conditions given by the duality concept of Klötzler. Moreover, we proof that the solution of the corresponding infinite horizon model does not fulfill the overtaking criterion of Weizsäcker.
Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:hh-2195 |
Date | January 2008 |
Creators | Kircheis, Robert |
Publisher | Högskolan i Halmstad, Sektionen för Informationsvetenskap, Data– och Elektroteknik (IDE), Högskolan i Halmstad/Sektionen för Informationsvetenskap, Data- och Elektroteknik (IDE) |
Source Sets | DiVA Archive at Upsalla University |
Language | English |
Detected Language | English |
Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
Format | application/pdf |
Rights | info:eu-repo/semantics/openAccess |
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