Structure of optimal trajectories in a nonlinear dynamic model with endogenous delay
An exact solution is constructed to a nonlinear optimization problem in an integral dynamic model with delay. The problem involves the unknown duration of the delay and has important applications to the optimal replacement of capital equipment under technological change. Copyright © 2004 Hindawi Publishing Corporation. All rights reserved.
Hritonenko, N., & Yatsenko, Y. (2004). Structure of optimal trajectories in a nonlinear dynamic model with endogenous delay. Retrieved from https://digitalcommons.pvamu.edu/mathematics-facpubs/90