Applications of Markov chain approximation methods to optimal control problems in economics

DOI10.1016/j.jedc.2022.104437OpenAlexW4280575911MaRDI QIDQ2097976

Keyvan Eslami, Thomas Phelan

Publication date: 17 November 2022

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2022.104437

zbMATH Keywords

dynamic programmingnumerical methodsfinancial frictionsMarkov chain approximation

Mathematics Subject Classification ID

Game theory, economics, finance, and other social and behavioral sciences (91-XX)

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Cites Work

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