Optimal growth and uncertainty: The borrowing models (Q594754)
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scientific article; zbMATH DE number 3835713
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| English | Optimal growth and uncertainty: The borrowing models |
scientific article; zbMATH DE number 3835713 |
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Optimal growth and uncertainty: The borrowing models (English)
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1981
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optimal economic growth
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optimal capital allocation
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random production output
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future investment
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immediate consumption
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borrowing
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lending
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optimistic model
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pessimistic model
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optimal investment and consumption policies
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quadratic utility function
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