Is development sustainable? When addressing the sustainability issue, decision-makers are
faced with two challenges: taking into account conflicting issues, such as economic …

We present a version of the Pontryagin maximum principle for the general infinitehorizon
optimal control problem with an additional specific asymptotic endpoint constraint under …

The paper deals with an infinite-horizon optimal control problem with general asymptotic
endpoint constraints. The fulfillment of constraints of this type can be viewed as the minimal …

Under conditions characterizing the dominance of the discounting factor, a complete version
of the Pontryagin maximum principle for an optimal control problem with infinite time horizon …

This paper presents a numerical examination of sustainability from the perspective of
'genuine savings', using a dataset provided by the World Bank. Unlike previously-used …

This article looks at issues concerning environmental sustainability and economic growth in
India using both micro-and macro-level evidence. The article highlights two environmental …

При выполнении условий, характеризующих доминирование дисконтирующего
множителя, получен полный вариант принципа максимума Понтрягина для задачи …

An infinite horizon optimal control problem with general endpoint constraints is reduced to a
family of standard problems on finite time intervals containing the conditional cost of the …

Much evidence suggests that people are concerned with their relative consumption. Yet,
positional externalities have so far been ignored in savings‐based indicators of sustainable …

The theory of welfare accounting shows that comprehensive measures of net investment can
be used to test whether an economy is following unsustainable paths of consumption …