Sensitivity of optimal programs with respect to changes in target stocks: The case of irreversible investment
From MaRDI portal
Publication:1170991
DOI10.1016/0022-0531(83)90128-XzbMath0497.90013MaRDI QIDQ1170991
Publication date: 1983
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/0022-0531(83)90128-x
economic growth; irreversible investment; changing tastes; changing technology; finite-horizon optimal programs; sensitivity of optimal programs
90C90: Applications of mathematical programming
90C39: Dynamic programming
91B62: Economic growth models
Related Items
Dynamic optimization on a non-convex feasible set: Some general results for non-smooth technologies, On the Mitra-Wan forestry model: a unified analysis, Stochastic growth with irreversible investment, Sensitivity analysis of optimal growth plans with exogenous capital stocks, Finite horizon optimization. Sensitivity and continuity in multi-sectoral models, Chaotic dynamics in quasi-static systems: Theory and applications, Dynamic optimization models in finance: some extensions to the framework, models, and computation, Dynamic optimization in non-convex models with irreversible investment: Monotonicity and turnpike results, Does optimal growth preclude chaos? A theorem on monotonicity
Cites Work