Optimal growth in a stochastic environment: Some sensitivity and turnpike results
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Publication:1099766
DOI10.1016/0022-0531(87)90117-7zbMath0638.90024OpenAlexW2015500204MaRDI QIDQ1099766
Itzhak Zilcha, Mukul K. Majumdar
Publication date: 1987
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/0022-0531(87)90117-7
uncertaintySensitivityturnpike propertyaggregative model of dynamic optimizationexistence of a unique finite horizon optimal programRamsey-Euler conditions
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