Necessity of limiting co-state arcs in Bolza-type infinite horizon problem
Necessity of limiting co-state arcs in Bolza-type infinite horizon problem
We investigate necessary conditions of optimality for the Bolza-type infinite horizon problem with free right end. The optimality is understood in the sense of weakly uniformly overtaking optimal control. No previous knowledge in the asymptotic behaviour of trajectories or adjoint variables is necessary. Following Seierstad's idea, we obtain the necessary …