Topological entropy of policy functions in concave dynamic optimization models

DOI10.1016/0304-4068(95)00723-7zbMath0863.90035OpenAlexW2008674009MaRDI QIDQ1815222

Gerhard Sorger, Luigi Montrucchio

Publication date: 20 May 1997

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0304-4068(95)00723-7

zbMATH Keywords

topological entropyconcave dynamic program

Mathematics Subject Classification ID

Dynamic programming in optimal control and differential games (49L20) Economic growth models (91B62)

Related Items

Study of irregular dynamics in an economic model: attractor localization and Lyapunov exponents, Fifty years of mathematical growth theory: classical topics and new trends, A multidimensional, nonconvex model of optimal growth, Consistent planning under quasi-geometric discounting, Optimal Cycles and Chaos: A Survey, Endogenous Cycles in Competitive Models: An Overview, Some notes on discount factor restrictions for dynamic optimization problems, Neighborhood turnpike theorem for continuous-time optimization models, A uniform neighborhood turnpike theorem and applications

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
• On the indeterminacy of capital accumulation paths
• Minimum impatience theorems for recursive economic models
• Dynamic complexity of optimal paths and discount factors for strongly concave problems
• Ergodic chaos in optimal growth models with low discount rates
• A primal route to the turnpike and Lyapunov stability
• Continuity properties of k-plane integrals and Besicovitch sets
• Smoothness, Comparative Dynamics, and the Turnpike Property
• Policy functions of strictly concave optimal growth models
• Stationary Ordinal Utility and Impatience
• Optimality of Profit-Including Prices Under Ideal Planning