On the Differentiability of the Value Function in Dynamic Models of Economics

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Decreasing absolute risk aversion and utility indices derived from cake- eating problems
Observational equivalence of the overlapping generations and the discounted dynamic programming frameworks for one-sector growth
Costate variables correctly value stocks at each instant
Open-loop and closed-loop equilibria in dynamic games with many players
Optimale Innovationspolitik bei unvollständiger Information. (Optimal innovation policy under incomplete information)
A value function arising in the economics of information
Two-stage optimal control problems with an explicit switch point dependence. Optimality criteria and an example of delivery lags and investment
The Hopf bifurcation and the existence and stability of closed orbits in multisector models of optimal economic growth
A sensitivity analysis on optimal economic growth
On uniqueness of a steady state and convergence of optimal paths in multisector models of optimal growth with a discount rate
Duality theory for dynamic optimization models of economics: The continuous time case
Smoothness of the policy function in continuous-time economic models. The one-dimensional case
Differentiability and comparative analysis in discrete-time infinite- horizon optimization
Structure of Pareto optima in an infinite-horizon economy where agents have recursive preferences
Differentiability of the value function of nonclassical optimal growth models
The distribution of wealth with imperfect altruism
On the Bellman equation of the overtaking criterion: Addendum
Optimal growth and recursive utility: Phase diagram analysis
Recursive utility and optimal capital accumulation. II: Sensitivity and duality theory
On high-order differentiability of the policy function
Impatience and long-run growth
Strong concavity properties of indirect utility functions in multisector optimal growth models
Ex ante payments in self-enforcing risk-sharing contracts
The effect of interest rates on consumption in an income fluctuation problem
Restricted limiting subdifferential and applications
A note on the envelope theorem
On the (non-)differentiability of the optimal value function when the optimal solution is unique
Generalized envelope theorems: applications to dynamic programming
Envelope theorem in dynamic economic models with recursive utility
On the subdifferential of the value function in economic optimization problems
Sensitivity analysis of multisector optimal economic dynamics
A primal route to the turnpike and Lyapunov stability
Characterization of optimal plans for stochastic dynamic programs
A new turnpike theorem for discounted programs
Non-concave dynamic programming
Optimal taxation and finite horizon
Dynamic contractual incentives in the face of a Samaritans's dilemma
A version of the Euler equation in discounted Markov decision processes
The optimal management of renewable resources under the risk of potential regime shift
Dynamic programming with state-dependent discounting
Bank capital, fire sales, and the social value of deposits
On shared use of renewable stocks
A time consistent dynamic bargaining procedure in differential games with heterogeneous discounting
Envelope theorems for static optimization and calculus of variations
Reverse calculus and nested optimization
Uniqueness of equilibrium in a Bewley-Aiyagari model
Takeoff vs. stagnation in endogenous recombinant growth models
Coase meets Bellman: dynamic programming for production networks
The envelope theorem, Euler and Bellman equations, without differentiability
Monetary equilibrium and the differentiability of the value function
Optimal control without solving the Bellman equation
Optimal production of innovations under uncertainty
Lipschitz recursive equilibrium with a minimal state space and heterogeneous agents
A monetary theory with non-degenerate distributions
Identification and testable implications of the Ramsey-Cass-Koopmans model
Approximate dynamic programming for stochastic \(N\)-stage optimization with application to optimal consumption under uncertainty
Tax schemes in a class of differential games
An envelope theorem and some applications to discounted Markov decision processes
Endogenous time preference and optimal growth
Recursive equilibrium with price perfect foresight and a minimal state space
Dynamic moral hazard without commitment
On the basis of the Hamilton-Jacobi-Bellman equation in economic dynamics
Hopf bifurcation and the existence and stability of closed orbits in three-sector models of optimal endogenous growth
Turning from crime: a dynamic perspective
Dynamic optimization in non-convex models with irreversible investment: Monotonicity and turnpike results
Solving Ramsey Problems with Nonlinear Projection Methods
Value and Policy Function Approximations in Infinite-Horizon Optimization Problems
Rational expectations and the theory of aggregate investment
The cost function given imperfectly flexible capital
Pricing of non-redundant derivatives in a complete market
Strategic interaction and dynamics under endogenous time preference
Optimal contracting with dynastic altruism: family size and per capita consumption
Differentiability of the value function in continuous-time economic models
Subdifferentials of nonconvex integral functionals in Banach spaces with applications to stochastic dynamic programming
Equilibrium and Competitive Equilibrium in a Discrete-Time Lucas Model
Envelope theorems in Banach lattices and asset pricing
Value functions and optimality conditions for nonconvex variational problems with an infinite horizon in Banach spaces
Discounted Markov control processes induced by deterministic systems
Existence, optimality and dynamics of equilibria with endogenous time preference
Loss of monetary discretion in a simple dynamic policy game
Smooth dynamics and computation in models of economic growth
Loss of monetary discretion in a simple dynamic policy game
Smooth dynamics and computation in models of economic growth
Discounting and long-run behavior: Global bifurcation analysis of a family of dynamical systems
Optimal growth with many consumers
Shape-preserving computation in economic growth models
Debt-contingent inflation contracts and targets
REGULATING INSURANCE MARKETS: MULTIPLE CONTRACTING AND ADVERSE SELECTION
On the fragility of the basis on the Hamilton-Jacobi-Bellman equation in economic dynamics
No profitable decompositions in quasi-linear allocation problems
The converse envelope theorem
An integrated approach to analyzing risk in bioeconomic models
A turnpike theorem for continuous-time optimal-control models
The Hamilton–Jacobi–Bellman equation in economic dynamics with a non-smooth fiscal policy
Periodic learning about a hidden state variable
Dynamic economics with quantile preferences
Switching from oil to gas production in a depleting field
Clarke differentials and the envelope theorem in dynamic programming
Income fluctuation and asymmetric information: An example of a repeated principal-agent problem
Maximin growth paths with recursive preferences: A complete characterization

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