A note on an intertemporal cost function for a class of dynamic problems |
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Authors: | Jon Vislie |
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Affiliation: | University of Oslo, Blindern, Oslo 3, Norway |
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Abstract: | Some properties of an intertemporal cost function for isoperimetric problems are analyzed. It is demonstrated that the cost function will be strictly decreasing in the length of the horizon T, and under certain conditions, strictly convex in T. |
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