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On optimal cycles in dynamic programming models with convex return function

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Publication:1285884
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DOI10.1007/S001990050256zbMath0918.90027OpenAlexW2055974791MaRDI QIDQ1285884

Michael Kopel, Herbert Dawid

Publication date: 4 August 1999

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

Full work available at URL: https://doi.org/10.1007/s001990050256


zbMATH Keywords

dynamic programmingbifurcationsoptimal cycles


Mathematics Subject Classification ID

Dynamic programming (90C39) Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)


Related Items (4)

Lipschitz continuous dynamic programming with discount II ⋮ Optimality of impulse harvesting policies ⋮ Controlling a biological invasion: a non-classical dynamic economic model ⋮ Lipschitz continuous dynamic programming with discount







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