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: | Blot J., Hayek N. |
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