A Stochastic Model of Economic Growth in Time-Space

DOI10.1137/21M1414206zbMath1485.91142arXiv2104.11128OpenAlexW4214654467MaRDI QIDQ5065053

Marta Leocata, Fausto Gozzi

Publication date: 18 March 2022

Published in: SIAM Journal on Control and Optimization (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/2104.11128

zbMATH Keywords

dynamic programminginvariant measureverification theorems and optimal feedback controlssecond order HJB equations in infinite dimensionspatial AK model of economic growthstochastical optimal control problems in infinite dimension with state constraints

Mathematics Subject Classification ID

Feedback control (93B52) Economic growth models (91B62) Optimal stochastic control (93E20)

Related Items (5)

Stochastic Control Problems with Unbounded Control Operators: Solutions Through Generalized Derivatives ⋮ A stochastic gradient method for a class of nonlinear PDE-constrained optimal control problems under uncertainty ⋮ HJB equations and stochastic control on half-spaces of Hilbert spaces ⋮ Optimal control of path-dependent McKean-Vlasov SDEs in infinite-dimension ⋮ Large deviation principle for spatial economic growth model on networks

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