Optimal control and long-run dynamics for a spatial economic growth model with physical capital accumulation and pollution diffusion.
Sebastian AnitaVincenzo CapassoHerb KunzeDavide La TorrePublished in: Appl. Math. Lett. (2013)
Keyphrases
- optimal control
- long run
- growth model
- infinite horizon
- average cost
- short run
- control problems
- hamilton jacobi bellman
- dynamic programming
- optimal policy
- control strategy
- expected cost
- continuous stirred tank reactor
- finite horizon
- reinforcement learning
- anisotropic diffusion
- dynamical systems
- optimal control problems
- heavy traffic
- queueing networks
- brownian motion
- control policy
- control law
- markov decision processes
- average reward
- inventory level
- real time
- production planning
- data mining