Impatience and dynamic optimal behavior: a bifurcation analysis of the Robinson-Solow-Srinivasan model

DOI10.1016/j.na.2011.05.053zbMath1235.91130OpenAlexW2040709899MaRDI QIDQ654078

Tapan Mitra, M. Ali Khan

Publication date: 21 December 2011

Published in: Nonlinear Analysis. Theory, Methods \& Applications. Series A: Theory and Methods (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.na.2011.05.053

zbMATH Keywords

dynamic programmingvalue functionbifurcation analysisdiscount factorRSS modeloptimal policy functionreswitching

Mathematics Subject Classification ID

Multisectoral models in economics (91B66) Economic growth models (91B62) Methods involving semicontinuity and convergence; relaxation (49J45)

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