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On the relation between turnpike properties for finite and infinite horizon optimal control problems

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posted on 2025-05-10, 15:02 authored by Lars Grüne, Christopher KellettChristopher Kellett, Steven WellerSteven Weller
We show that, under appropriate regularity conditions, a finite horizon optimal control problem exhibits the turnpike property, if and only if its infinite horizon counterpart does. We prove the result for both undiscounted and discounted problems and also provide a version which incorporates quantitative information about the convergence rates.

History

Journal title

Journal of Optimization Theory and Applications

Volume

173

Issue

3

Pagination

727-745

Publisher

Springer

Language

  • en, English

College/Research Centre

Faculty of Engineering and Built Environment

School

School of Electrical Engineering and Computer Science

Rights statement

This is a post-peer-review, pre-copyedit version of an article published in the Journal of Optimization Theory and Applications. The final authenticated version is available online at: http://dx.doi.org/10.1007/s10957-017-1103-6.

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