Multiple equilibria and thresholds due to relative investment costs
From MaRDI portal
Publication:1771099
DOI10.1023/B:JOTA.0000043991.06755.afzbMath1114.91071OpenAlexW2079244589WikidataQ59212036 ScholiaQ59212036MaRDI QIDQ1771099
Gustav Feichtinger, Franz Wirl, Peter M. Kort, Richard F. Hartl
Publication date: 7 April 2005
Published in: Journal of Optimization Theory and Applications (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1023/b:jota.0000043991.06755.af
Applications of optimal control and differential games (49N90) Production theory, theory of the firm (91B38) Economic growth models (91B62)
Related Items (7)
Multiple equilibria and indifference-threshold points in a rational addiction model ⋮ A new solution property in optimal control: the lens ⋮ Growth and collapse of empires: a dynamic optimization model ⋮ Gustav Feichtinger celebrates his 70th birthday ⋮ The Penn-Balassa-Samuelson effect through the lens of the dependent economy model ⋮ Social interactions within a dynamic competitive economy ⋮ Poverty trap and global indeterminacy in a growth model with open-access natural resources
Cites Work
- Unnamed Item
- Unnamed Item
- Optimality of irreversible pollution accumulation
- A complete characterization of optimal growth paths in an aggregated model with a non-concave production function
- Optimal dynamic investment policies under concave-convex adjustment costs
- Nonconvexities in optimal pollution accumulation
- Equilibrium dynamics in two-sector models of endogenous growth
- Capital accumulation of a firm facing an emissions tax
- Dynamic Ramsey Pricing
- Future Investment Constraints Reduce Present Investment
- Tobin's Marginal q and Average q: A Neoclassical Interpretation
- Non-Convexities in Continuous-Time Investment Theory
- One-Sector Nonclassical Optimal Growth: Optimality Conditions and Comparative Dynamics
- Public Finance in Models of Economic Growth
- Optimal Growth with a Convex-Concave Production Function
- A Two-Sector Model of Endogenous Growth with Leisure
- Efficiency and Equilibrium with Dynamic Increasing Aggregate Returns due to Demand Complementarities
- Adjustment Costs in the Theory of Investment of the Firm
This page was built for publication: Multiple equilibria and thresholds due to relative investment costs