| dc.date.accessioned | 2013-03-12T08:18:46Z | |
| dc.date.available | 2013-03-12T08:18:46Z | |
| dc.date.issued | 2002 | en_US |
| dc.date.submitted | 2010-02-15 | en_US |
| dc.identifier.uri | http://hdl.handle.net/10852/10671 | |
| dc.description.abstract | It is well known that a wide range of impulse control problems are continuous, but not differentiable, with respect to intervention cost as it approaches zero. We show a similar non-C1 result, assuming that the problem and the value function are sufficiently nice. The result is that if the value function is locally C1 in the state variable, then it does not admit first order approximation in the intervention cost. Our analysis also covers problems with reflection (i.e. vanishing impulse). | eng |
| dc.language.iso | eng | en_US |
| dc.publisher | Matematisk Institutt, Universitetet i Oslo | |
| dc.relation.ispartof | Preprint series. Pure mathematics http://urn.nb.no/URN:NBN:no-8076 | en_US |
| dc.relation.uri | http://urn.nb.no/URN:NBN:no-8076 | |
| dc.rights | © The Author(s) (2002). This material is protected by copyright law. Without explicit authorisation, reproduction is only allowed in so far as it is permitted by law or by agreement with a collecting society. | |
| dc.title | NON-ROBUSTNESS WITH RESPECT TO INTERVENTION COSTS IN OPTIMAL CONTROL | en_US |
| dc.type | Research report | en_US |
| dc.date.updated | 2010-02-19 | en_US |
| dc.rights.holder | Copyright 2002 The Author(s) | |
| dc.creator.author | Framstad, Nils Christian | en_US |
| dc.subject.nsi | VDP::410 | en_US |
| dc.identifier.urn | URN:NBN:no-24231 | en_US |
| dc.type.document | Forskningsrapport | en_US |
| dc.identifier.duo | 99294 | en_US |
| dc.identifier.fulltext | Fulltext https://www.duo.uio.no/bitstream/handle/10852/10671/1/pm03-02.pdf | |