Efficient and optimal programs when investment is irreversible. A duality theory

DOI10.1016/0304-4068(83)90030-7MaRDI QIDQ1171978zbMATHOpenAlexFDO

Authors Tapan Mitra, Debraj Ray

Publication date 1983

Published in Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0304-4068(83)90030-7

zbMATH Keywords

irreversible investmentcompetitive programduality theory of efficient and optimal programsintertemporal models

Mathematics Subject Classification ID

Economic growth models (91B62) Multisectoral models in economics (91B66)

Cites work

• scientific article; zbMATH DE number 3388805 (Why is no real title available?)
• A note on efficient growth with irreversible investment and the Phelps- Koopmans theorem
• Dynamic optimization in non-convex models with irreversible investment: Monotonicity and turnpike results
• Identifying inefficiency in smooth aggregative models of economic growth
• On Optimal Consumption Plans in a Multi-sector Economy
• On the Value Maximizing Property of Infinite Horizon Efficient Programs
• Present Values Playing the Role of Efficiency Prices in the One-Good Growth Model
• Two notes on the Malinvaud condition for efficiency of infinite horizon programs

Cited in

(3)

• Dualizing optimization problems in mathematical economics
• Stochastic growth with irreversible investment
• Fifty years of mathematical growth theory: classical topics and new trends

This page was built for publication: Efficient and optimal programs when investment is irreversible. A duality theory

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1171978)