Characterization of optimal plans for stochastic dynamic programs
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Publication:1838903
DOI10.1016/0022-0531(82)90059-XzbMath0509.90021MaRDI QIDQ1838903
Lawrence E. Blume, David A. Easley, Maureen O'Hara
Publication date: 1982
Published in: Journal of Economic Theory (Search for Journal in Brave)
stochastic dynamic programming; implicit function theorem; finite and infinite horizon problems; characterization of optimal plans; one sector infinite horizon growth problem under uncertainty
90C90: Applications of mathematical programming
90C15: Stochastic programming
90C39: Dynamic programming
91B62: Economic growth models
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