Smoothness of the Policy Function in Discrete Time Economic Models
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Publication:4271327
DOI10.2307/2938371zbMath0781.90092OpenAlexW2136697183MaRDI QIDQ4271327
Publication date: 9 January 1994
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/2938371
Bellman equationquadratic optimizationvalue functionpolicy functiondifferentiability properties of optimal solutions
Applications of mathematical programming (90C90) Quadratic programming (90C20) Dynamic programming (90C39) Economic growth models (91B62)
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