Chapter 7: Linear Optimal Control and Bang-Bang Solutions, Most Rapid Approach Paths

The following sections are included:

• Linear Optimal Control

• A More General Linear Problem

• Solution Steps

• The Fishery Problem

• The Optimal Investment Problem (No Adjustment Costs)

• Most Rapid Approach Paths

• Determining the Most Rapid Approach Path

• Growth with Linear Utility

• The Optimal MRAP Policy