The optimal consumption function in a Brownian model of accumulation. Part A: The consumption function as solution of a boundary value problem

DOI10.1016/S0165-1889(00)00011-7zbMath0983.91038OpenAlexW3122766826WikidataQ126470306 ScholiaQ126470306MaRDI QIDQ5941454

Lucien Foldes

Publication date: 20 August 2001

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

Full work available at URL: https://doi.org/10.1016/s0165-1889(00)00011-7

zbMATH Keywords

two-point boundary value problemoptimal economic growthconsumption planexponential martingale formulaoptimal saving

Mathematics Subject Classification ID

Economic growth models (91B62) Consumer behavior, demand theory (91B42)

Related Items

Optimal consumption models in economic growth ⋮ Euler-Lagrange equations of stochastic differential games: application to a game of a productive asset

Cites Work

• Calcul stochastique et problèmes de martingales
• An Asymptotic Theory of Growth Under Uncertainty
• Optimal Saving and Risk in Continuous Time
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