Some facts about the Ramsey model

DOI10.1134/S0081543817090152zbMATH Open1387.49038OpenAlexW2788473614MaRDI QIDQ1744985FDOQ1744985

Authors: Andrey A. Krasovskii, P. D. Lebedev, A. M. Tarasyev 

Publication date: 20 April 2018

Published in: Proceedings of the Steklov Institute of Mathematics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1134/s0081543817090152

Recommendations

• Bernoulli substitution in the Ramsey model: optimal trajectories under control constraints
• scientific article
• The Analysis of a Mathematical Model Associated to an Economic Growth Process
• The Ramsey model of economic growth as an optimal control problem
• Optimal consumption in a stochastic Ramsey model with Cobb-Douglas production function

zbMATH Keywords

Hamiltonian systeminfinite horizon optimal controlmathematical modelingPontryagin's maximum principlesteady statesoptimal growth problemRamsey equation

Mathematics Subject Classification ID

Optimality conditions for problems involving relations other than differential equations (49K21)

Cites Work

• Title not available (Why is that?)
• The Pontryagin maximum principle and problems of optimal economic growth
• Infinite-horizon optimal control problems in economics
• Properties of Hamiltonian systems in the Pontryagin's maximum principle for economic growth problems
• Introduction to modern economic growth.
• Title not available (Why is that?)

Cited In (2)

• The method of approximate solution of a system of differential equations from the Ramsey-Kass-Koopmans model, based on the solution in quadratures of one subclass of similar systems
• Resolving singularities in a Ramsey-type growth model

This page was built for publication: Some facts about the Ramsey model

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1744985)