Recursive utility and optimal growth with bounded or unbounded returns

DOI10.1016/j.jet.2004.06.007zbMath1109.91046OpenAlexW2138992325WikidataQ57937010 ScholiaQ57937010MaRDI QIDQ2386135

Yiannis Vailakis, Cuong Le Van

Publication date: 22 August 2005

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2004.06.007

zbMATH Keywords

dynamic programmingBellman equationrecursive utility

Mathematics Subject Classification ID

Utility theory (91B16) Economic growth models (91B62)

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Existence and uniqueness of recursive utilities without boundedness, Unbounded dynamic programming via the Q-transform, Recursive utility with unbounded aggregators, Recursive utility and optimal growth with bounded or unbounded returns, Necessity of the terminal condition in the infinite horizon dynamic optimization problems with unbounded payoff, An approximation approach to dynamic programming with unbounded returns, Convex dynamic programming with (bounded) recursive utility, On discounted dynamic programming with unbounded returns, On recursive utilities with non-affine aggregator and conditional certainty equivalent, Unique solutions for stochastic recursive utilities, On variable discounting in dynamic programming: applications to resource extraction and other economic models, Optimal timing of decisions: a general theory based on continuation values, Thompson aggregators, Scott continuous koopmans operators, and least fixed point theory, On temporal aggregators and dynamic programming, On maximin dynamic programming and the rate of discount

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