A new look at optimal growth under uncertainty

DOI10.1016/S0165-1889(97)00042-0zbMath0897.90050MaRDI QIDQ1390902

Rabah Amir

Publication date: 22 July 1998

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

zbMATH Keywords

dynamic programmingoptimal growthstochastic dominancesmooth policy function

Mathematics Subject Classification ID

Application models in control theory (93C95) Economic growth models (91B62) Optimal stochastic control (93E20)

Related Items

Endogenous information acquisition in Bayesian games with strategic complementarities ⋮ Stochastic optimal growth with nonconvexities ⋮ Stationary Markovian equilibrium in altruistic stochastic OLG models with limited commitment ⋮ On Optimal Growth Under Uncertainty: Some Examples ⋮ The stochastic turnpike property without uniformity in convex aggregate growth models ⋮ On uniqueness of time-consistent Markov policies for quasi-hyperbolic consumers under uncertainty ⋮ An envelope theorem and some applications to discounted Markov decision processes ⋮ Small noise asymptotics for a stochastic growth model ⋮ Stochastic optimal growth with unbounded shock ⋮ Euler-Lagrange equations of stochastic differential games: application to a game of a productive asset

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