Complex solutions of nonconcave dynamic optimization models

DOI10.1007/BF01213847MaRDI QIDQ1367705zbMATH OpenFDO

Authors Herbert Dawid, Michael Kopel, Gustav Feichtinger

Publication date 5 November 1998

Published in Economic Theory (Search for Journal in Brave)

zbMATH Keywords

continuous optimal policynonconcave objective functionstime discrete intertemporal optimization

Mathematics Subject Classification ID

Economic growth models (91B62)

Recommendations

• A dynamic system model for solving convex nonlinear optimization problems
• On nonlinear programming in complex spaces
• Solving nonstationary infinite horizon dynamic optimization problems
• Solving dynamic economic models with nonconvexities due to fixed costs
• Publication:3976781
• Publication:3786307
• Solving nonlinear dynamic models by iterative dynamic programming
• Nonlinear optimization. Models and applications
• Complex nonlinear programming: Duality with invexity and equivalent real programs
• Publication:3481504

Cites work

• scientific article; zbMATH DE number 417968 (Why is no real title available?)
• scientific article; zbMATH DE number 3991198 (Why is no real title available?)
• scientific article; zbMATH DE number 3780047 (Why is no real title available?)
• scientific article; zbMATH DE number 52448 (Why is no real title available?)
• scientific article; zbMATH DE number 3568288 (Why is no real title available?)
• scientific article; zbMATH DE number 3604647 (Why is no real title available?)
• scientific article; zbMATH DE number 789394 (Why is no real title available?)
• A complete characterization of optimal growth paths in an aggregated model with a non-concave production function
• Competitive chaos
• Competitive equilibrium cycles
• Intertemporal allocation with a non-convex technology: The aggregative framework
• On the indeterminacy of capital accumulation paths
• Period Three Implies Chaos
• Periodic and chaotic programs of optimal intertemporal allocation in an aggregative model with wealth effects
• Policy functions for capital accumulation paths

Cited in

(7)

• Myopic Solutions of Affine Dynamic Models
• Optimality of impulse harvesting policies
• Gustav Feichtinger celebrates his 70th birthday
• Entrepreneurial decisions on effort and project with a nonconcave objective function
• Dynamic programming and value-function approximation in sequential decision problems: error analysis and numerical results
• On the economically optimal exploitation of a renewable resource: The case of a convex environment and a convex return function
• Chaos Theory in Operations Research

This page was built for publication: Complex solutions of nonconcave dynamic optimization models

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1367705)