Globally optimal paths in the nonclassical growth model

DOI10.1016/0898-1221(89)90116-8zbMath0682.90025OpenAlexW1976650195MaRDI QIDQ1824534

Yanyan Li

Publication date: 1989

Published in: Computers \& Mathematics with Applications (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0898-1221(89)90116-8

zbMATH Keywords

convex preferencesconvex-concave production functionlocally optimal pathsnonclassical optimal growth

Mathematics Subject Classification ID

Dynamic programming in optimal control and differential games (49L20) Dynamic programming (90C39) Economic growth models (91B62)

Related Items

A new look at optimal growth under uncertainty ⋮ Some structured dynamic programs arising in economics ⋮ Sensitivity analysis of multisector optimal economic dynamics

Cites Work

• Unnamed Item
• Unnamed Item
• A complete characterization of optimal growth paths in an aggregated model with a non-concave production function
• Dynamic programming and stochastic control
• Economically optimal policies for the utilization of biologically renewable resources
• Dynamic Optimization with a Non-Convex Technology: The Case of a Linear Objective Function
• Optimal Growth with a Convex-Concave Production Function
• Uncertainty and Optimal Consumption Decisions
• THE APPROXIMATE FUNCTIONAL EQUATION FOR ζ²(s)