Turnpike Properties for Nonconcave Problems

Part of the Advances in Mathematical Economics book series (MATHECON, volume 18)


In this survey paper we discuss recent developments in the turnpike theory for nonconvex (nonconcave) problems. We also establish a new result on agreeable solutions for variational problems with extended-valued integrands.

Key words

Agreeable function Good program Overtaking optimal program Turnpike property 


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Copyright information

© Springer Japan 2014

Authors and Affiliations

  1. 1.Department of MathematicsThe Technion – Israel Institute of TechnologyHaifaIsrael

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