Generic Phase Transition and Profit Singularities in Arnold’s Model
نویسنده
چکیده
For one parametric smooth family of pairs of control systems and profit densities on the circle, the transition between optimal strategies of cyclic and stationary types in the problem of maximization of infinite horizon averaged profit is studied. We show that only two types of such transition can be observed for a generic pair, study the corresponding singularities of the averaged profit as a function of the family parameter and prove their stability to small perturbations of such a family. We also complete the classification of generic singularities of the maximum averaged profit for such families.
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