Approximate dynamic programming with post-decision states as a solution method for dynamic economic models

DOI10.1016/j.jedc.2015.03.008zbMath1401.90252OpenAlexW2212797065MaRDI QIDQ1657552

Isaiah Hull

Publication date: 13 August 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://www.riksbank.se/Documents/Rapporter/Working_papers/2013/rap_wp276_130919.pdf

zbMATH Keywords

dynamic programmingapproximationsheterogeneous agentsnumerical solutionsnonlinear numerical solutions

Mathematics Subject Classification ID

Numerical mathematical programming methods (65K05) Fundamental topics (basic mathematics, methodology; applicable to economics in general) (91B02) Dynamic programming (90C39)

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