@article{Doole:139523,
      recid = {139523},
      author = {Doole, Graeme J.},
      title = {Numerical Optimisation of Multiple-Phase Systems  Incorporating Transition Costs},
      address = {2006},
      number = {417-2016-26420},
      pages = {34},
      year = {2006},
      abstract = {Many important economic problems concern an intertemporal  choice between alternate dynamical systems. One example is  determining the optimal management of alternative  production technologies. This significance has motivated a  substantial theoretical literature generalising the  necessary conditions of Optimal Control Theory to  multiple-phase problems. However, gaining detailed insight  into their practical management is difficult because  suitable numerical solution methods are not available. This  paper resolves this deficiency through the development of a  flexible and efficient computational algorithm based on a  set of necessary conditions derived for finite-time  multiple-phase systems. Its effectiveness is demonstrated  in an application to a complex crop rotation problem.},
      url = {http://ageconsearch.umn.edu/record/139523},
      doi = {https://doi.org/10.22004/ag.econ.139523},
}