Advances in Mathematical Economics Volume 18 pp 101-134

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

Turnpike Properties for Nonconcave Problems

Chapter

Abstract

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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