4. Conclusion
There are some financial optimal control models where the given fitting functions are cos or sin functions; then the financial control needs to take three values with the middle being zero, to ensure a good approximation. The experiment in Section 5.3.1 verifies the accuracy of the algorithms 3.1–3.4, thus the computer software package CSTVA (for details see Appendix A.4) based on these algorithms can solve all these kinds of control problems. The computed results provide insights into the dynamics of the financial system in terms of the state and control variables.
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(2005). Further Computational Experiments and Results. In: Optimal Control Models in Finance. Applied Optimization, vol 95. Springer, Boston, MA. https://doi.org/10.1007/0-387-23570-1_5
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DOI: https://doi.org/10.1007/0-387-23570-1_5
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