Stationary Points and Finite-Difference Schemes for Differential Inclusions.
Abstract
So called 'differential inclusions', in which the rate of change x(dot) of the state variable x is restricted to lie in a specified set F(x) (and not given exactly) arise naturally in economics, control theory and other fields. As with differential equations, one is interested in the existence of stationary points. Here it is shown that if F is tangent to a compact convex set (in a sense made precise), then the differential inclusion has a stationary point within this set. Moreover, a discrete implicit difference scheme which approximates the inclusion will also be solvable when the tangency condition holds and the initial data is chosen from the set.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1980
- Accession Number
- ADA086381
Entities
People
- Jean-pierre Aubin
Organizations
- University of Wisconsin–Madison