Optimal consumption in a stochastic Ramsey model with Cobb-Douglas production function

DOI10.1155/2013/684757zbMath1263.91033WikidataQ58988747 ScholiaQ58988747MaRDI QIDQ1950016

Md. Azizul Baten, Anton Abdulbasah Kamil

Publication date: 23 May 2013

Published in: International Journal of Mathematics and Mathematical Sciences (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1155/2013/684757

zbMATH Keywords

discounted utility of consumption; optimal consumption policy; stochastic Ramsey model

Mathematics Subject Classification ID

91B70: Stochastic models in economics

91B60: Trade models

91B62: Economic growth models

49L25: Viscosity solutions to Hamilton-Jacobi equations in optimal control and differential games

Related Items

Optimal consumption of the stochastic Ramsey problem for non-Lipschitz diffusion

Cites Work

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