Abstract (EN):
For a smooth one-parameter family of pairs of control systems and profit densities on a circle, the generic transitions between optimal rotations and stationary strategies are studied in the problem of maximization of the time-averaged profit on the infinite horizon. It is shown that there are only two types of such transitions, the corresponding singularities of the average profit as a function of the family parameter are found, and it is proved that these singularities are stable under small perturbations of a generic family. The classification of singularities of the maximum average profit is completed for generic families.
Language:
English
Type (Professor's evaluation):
Scientific
Contact:
davydov@vpti.vladimir.ru; mmatos@fc.up.pt
No. of pages:
21