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The structure and existence of solutions of the problem of consumption with satiation in continuous time
With the help of the method of Lagrange multipliers and KKT theory, we investigate the structure and existence of optimal solutions of the continuous-time model of consumption with satiation. We show that the differential equations have no solutions in the C(1) class but that solutions exist in a wi...
| Autores principales: | , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Public Library of Science
2019
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6508698/ https://www.ncbi.nlm.nih.gov/pubmed/31071121 http://dx.doi.org/10.1371/journal.pone.0216383 |