Display Abstract

Title On the optimal control on infinite horizon

Name Vladimir M Veliov
Country Austria
Email veliov@tuwien.ac.at
Co-Author(s) V.M. Veliov
Submit Time 2014-02-27 08:24:32
Session
Special Session 16: Optimal control and its applications
Contents
The first part of the talk will present a recently obtained (jointly with S. Aseev) form of the Pontryagin maximum principle for ODE optimal control on infinite horizon. In the second part, the approach will be extended to optimal control problems on infinite horizon of a class of first order PDEs with non-local dynamics and non-local boundary conditions. The second part is based on a joint work with B. Skritek. In both cases it is remarkable that the solution of the adjoint equation, for which the condition for maximization of the Hamiltonian holds, is not determined by transversalty conditions, rather it is defined explicitly.