Decentralized evolutionary mechanisms for intertemporal economies: A possibility result

DOI10.1007/BF01227013zbMath0733.90020OpenAlexW2043582707MaRDI QIDQ810356

Tapan Mitra, Venkatesh Bala, Mukul K. Majumdar

Publication date: 1991

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

Full work available at URL: https://doi.org/10.1007/bf01227013

zbMATH Keywords

Decentralization of decision- makingdecentralized intertemporal mechanisminfinite horizon aggregative modelone consumerone producer

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• A necessary condition for decentralization and an application to intertemporal allocation
• Decentralization in infinite horizon economies: An introduction
• Characterization of intertemporal optimality in terms of decentralizable conditions: The discounted case
• Optimal intertemporal allocation mechanisms and decentralization of decisions
• On characterizing optimal competitive programs in terms of decentralizable conditions
• Intertempordal optimality in a closed linear model of production
• Conditions for the equivalence of optimality criteria in dynamic programming
• Controlled semi-Markov models under long-run average rewards
• Some Examples of Global Instability of the Competitive Equilibrium
• A Note on Optimum Savings
• Discrete Dynamic Programming
• On Finding Optimal Policies in Discrete Dynamic Programming with No Discounting
• Arbitrary State Markovian Decision Processes
• Optimal Growth and Continual Planning Revision
• Capital Accumulation and Efficient Allocation of Resources
• On the Identifiability Problem for Functions of Finite Markov Chains

This page was built for publication: Decentralized evolutionary mechanisms for intertemporal economies: A possibility result