The turnpike property refers to the phenomenon that in many optimal control problems, the solutions for different initial conditions and varying horizons approach a neighborhood of a …
E Trélat, E Zuazua - Journal of Differential Equations, 2015 - Elsevier
Turnpike properties have been established long time ago in finite-dimensional optimal control problems arising in econometry. They refer to the fact that, under quite general …
B Geshkovski, E Zuazua - Acta Numerica, 2022 - cambridge.org
The turnpike property in contemporary macroeconomics asserts that if an economic planner seeks to move an economy from one level of capital to another, then the most efficient path …
L Grüne, M Stieler - Journal of Process Control, 2014 - Elsevier
We consider an economic nonlinear model predictive control scheme without terminal constraints or costs. We give conditions based on dissipativity and controllability properties …
These notes are an introduction to Mean Field Game (MFG) theory, which models differential games involving infinitely many interacting players. We focus here on the Partial Differential …
For discrete time nonlinear systems we study the relation between strict dissipativity and so called turnpike-like behavior in optimal control. Under appropriate controllability …
We investigate the exponential turnpike property for finite horizon undiscounted discrete time optimal control problems without any terminal constraints. Considering a class of strictly …
We analyze the sensitivity of linear quadratic optimal control problems governed by general evolution equations with bounded or admissible control operator. We show, that if the …
In this work, we study the steady-state (or periodic) exponential turnpike property of optimal control problems in Hilbert spaces. The turnpike property, which is essentially due to the …