Delay equivalence in capital accumulation models

DOI10.1016/j.jmateco.2010.08.021zbMath1232.91377OpenAlexW2097073837WikidataQ59389659 ScholiaQ59389659MaRDI QIDQ617628

Richard F. Hartl, Jonathan P. Caulkins, Peter M. Kort

Publication date: 21 January 2011

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmateco.2010.08.021

zbMATH Keywords

optimal controlcapital accumulationtime-to-builddelayed responsetime-to-install/deliver

Mathematics Subject Classification ID

Applications of optimal control and differential games (49N90) Production theory, theory of the firm (91B38) Corporate finance (dividends, real options, etc.) (91G50)

Related Items (1)

Numerical solution of a conspicuous consumption model with constant control delay

Cites Work

• Optimal policy and consumption smoothing effects in the time-to-build AK model
• Delay in finite time capital accumulation
• Vintage capital, investment, and growth

This page was built for publication: Delay equivalence in capital accumulation models