Econometrica Vol. 40 No. 2 1972

An Introduction to Optimal Control Theory

Gregory C. Chow; Aaron Strauss^1,2,3,4,5,6

¹ University of Alberta · ² Santa Clara University · ³ University of Michigan–Ann Arbor · ⁴ Physical Sciences (United States) · ⁵ Indiana University Bloomington · ⁶ University of Maryland, College Park

Abstract

The report presents an introduction to some of the concepts and results currently popular in optimal control theory. The introduction is intended for someone acquainted with ordinary differential equations and real variables, but with no prior knowledge of control theory. The material covered includes the problems of controllability, controllability using special (e.g., bang-bang) controls, the geometry of linear time optimal processes, general existence of optimal controls, and the Pontryagin maximum principle. (Author)

DOI

10.2307/1909421

Volume

40

Issue

2

Pages

408

Sources

crossref openalex

Cite

APA 7 MLA 9 Chicago (author–date) Harvard Elsevier Harvard (JFE, JBF…) The Accounting Review Academy of Management American Marketing Association INFORMS (Management Science) Copy citation Copied ✓