|Title||STABILITY OF A TURNPIKE PHENOMENON FOR THE ROBINSON-SOLOW-SRINIVASAN MODEL|
|Publication Type||Journal Article|
|Year of Publication||2011|
|Journal||Dynamic Systems and Applications|
|AMS Subject Classification||49J99|
We study the structure of solutions for a class of discrete-time optimal control problems. These control problems arise in economic dynamics and describe a model proposed by Robinson, Solow and Srinivasan. We are interested in turnpike properties of the approximate solutions which are independent of the length of the interval, for all sufficiently large intervals. In the present paper we show that these turnpike properties are stable under perturbations of an objective function.