Optimal consumption analysis for a stochastic growth model with technological shocks

DOI10.1002/ASMB.2384zbMath1420.91311OpenAlexW2885104277MaRDI QIDQ4620252

Hanlei Hu, Weipeng Yuan, Shaoyong Lai

Publication date: 8 February 2019

Published in: Applied Stochastic Models in Business and Industry (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1002/asmb.2384

zbMATH Keywords

viscosity solutionstochastic growth modeltechnology shocks

Mathematics Subject Classification ID

Stochastic models in economics (91B70) Economic growth models (91B62) Viscosity solutions to Hamilton-Jacobi equations in optimal control and differential games (49L25)

Related Items (3)

A robust consumption model when the intensity of technological progress is ambiguous ⋮ A simplified stochastic optimization model for logistic dynamics with control-dependent carrying capacity ⋮ Biological population management based on a Hamilton–Jacobi–Bellman equation with boundary blow up

This page was built for publication: Optimal consumption analysis for a stochastic growth model with technological shocks