Non-concave dynamic programming

DOI10.1016/j.econlet.2005.07.018zbMath1254.90284OpenAlexW2092828908MaRDI QIDQ1928740

Kevin D. Cotter, Jee-Hyeong Park

Publication date: 3 January 2013

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2005.07.018

zbMATH Keywords

dynamic programmingglobal stabilitydifferentiability of the value functionnon-concave return function

Mathematics Subject Classification ID

Sensitivity, stability, parametric optimization (90C31) Dynamic programming (90C39)

Related Items

Differentiability of the value function in continuous-time economic models

Cites Work

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• A complete characterization of optimal growth paths in an aggregated model with a non-concave production function
• Sensitivity analysis of multisector optimal economic dynamics
• On the Differentiability of the Value Function in Dynamic Models of Economics
• One-Sector Nonclassical Optimal Growth: Optimality Conditions and Comparative Dynamics
• Envelope Theorems for Arbitrary Choice Sets