Capital accumulation in a stochastic decentralized economy

DOI10.1016/0022-0531(82)90051-5zbMath0494.90018OpenAlexW2044248360MaRDI QIDQ1169391

Steven M. Barta

Publication date: 1982

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(82)90051-5

zbMATH Keywords

financial assetsdecentralized decision-makingefficiency of financial marketsperfectly competitive neoclassical production sectorstochastic labor force change

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• Optimum consumption and portfolio rules in a continuous-time model
• On dynamic investment strategies
• A Theory of the Term Structure of Interest Rates
• An Asymptotic Theory of Growth Under Uncertainty
• Asset Prices in an Exchange Economy
• An Intertemporal Capital Asset Pricing Model
• The Accumulation of Risky Capital: A Sequential Utility Analysis
• Option pricing when underlying stock returns are discontinuous
• Optimal Discounted Stochastic Control for Diffusion Processes
• Optimal Investment and Consumption Strategies Under Risk for a Class of Utility Functions
• On Existence of Weakly Maximal Programmes in a Multi-Sector Economy

This page was built for publication: Capital accumulation in a stochastic decentralized economy