Annales de l’université d’Alger
Volume 9, Numéro 2, Pages 27-41
1996-06-15

Optimal Control Applied To Economic Stabilization



Authors : Kada Akacem .

Abstract

The prevailing control approach to economic stabilization theory deals with what is called fixed-time free endpoint problems. The purpose of this paper, and in order to avoid the drawbacks of the above approach, is to propose a different use of optimal control in economic stabilization by solving an inverted problem : a fixed endpoint, free-time problem.

Keywords

Economic stabilization; free-time; the economy

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