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

DOI10.1155/2013/684757zbMath1263.91033OpenAlexW2166034514WikidataQ58988747 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 consumptionoptimal consumption policystochastic Ramsey model

Mathematics Subject Classification ID

Stochastic models in economics (91B70) Trade models (91B60) Economic growth models (91B62) Viscosity solutions to Hamilton-Jacobi equations in optimal control and differential games (49L25)

Related Items (1)

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

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