Optimal consumption of the finite time horizon Ramsey problem

DOI10.1016/j.jmaa.2009.04.041zbMath1168.65005OpenAlexW1988607162MaRDI QIDQ1029127

Takashi Adachi, Hiroaki Morimoto

Publication date: 9 July 2009

Published in: Journal of Mathematical Analysis and Applications (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmaa.2009.04.041

zbMATH Keywords

Hamilton-Jacobi-Bellman equationeconomic growthviscosity solutionsRamsey problem

Mathematics Subject Classification ID

Probabilistic models, generic numerical methods in probability and statistics (65C20) Economic growth models (91B62) Numerical solutions to stochastic differential and integral equations (65C30) Stochastic particle methods (65C35)

Related Items

On dynamic programming equations for utility indifference pricing under delta constraints ⋮ Optimal economic growth models with nonlinear utility functions ⋮ Rational expectations equilibria in a Ramsey model of optimal growth with non-local spatial externalities

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