Second-order necessary conditions for the infinite-horizon variational problems

Second-order necessary conditions for the infinite-horizon variational problems

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Article ID: iaor20041166
Country: United States
Volume: 21
Issue: 4
Start Page Number: 979
End Page Number: 990
Publication Date: Nov 1996
Journal: Mathematics of Operations Research
Authors: ,
Abstract:

We give new proofs of first-order and second-order necessary conditions for the infinite-horizon variational problems in the framework of the continuous time. We study the notion of conjugate points and we build new second-order necessary conditions. We also translate all of our results into the Hamiltonian formalism. Moreover, we apply these general results to the special Lagrangians in the form e−δt L(x, x).

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