Discrete-Time Finite Horizon Approximation of Infinite Horizon Optimization Problems with Steady-State Invariance
From MaRDI portal
Publication:4301029
DOI10.2307/2951661zbMath0806.90016OpenAlexW2035331787MaRDI QIDQ4301029
Jean Mercenier, Philippe Michel
Publication date: 19 February 1995
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/2951661
Related Items (21)
A criterion for time aggregation in intertemporal dynamic models ⋮ Genetic neural networks to approximate feedback Nash equilibria in dynamic games ⋮ Smart forward shooting ⋮ Features of multiregional and intertemporal AGE modelling with GEMPACK ⋮ A distributed parallel genetic algorithm for solving optimal growth models ⋮ Economics of harvesting age-structured fish populations ⋮ A genetic game of trade, growth and externalities ⋮ MULTIDIMENSIONAL TRANSITIONAL DYNAMICS: A SIMPLE NUMERICAL PROCEDURE ⋮ Exponential Lawson integration for nearly Hamiltonian systems arising in optimal control ⋮ Optimal dynamics in a two-sector model with natural resources and foreign direct investments ⋮ Challenges and Advances in A Priori Routing ⋮ Numerical solution of dynamic equilibrium models under Poisson uncertainty ⋮ Optimal time aggregation of infinite horizon control problems ⋮ Runtime reduction techniques for the probabilistic traveling salesman problem with deadlines ⋮ Temporal aggregation in a multi-sector economy with endogenous growth ⋮ Steady-state invariance in high-order Runge-Kutta discretization of optimal growth models ⋮ Solution of perfect foresight saddlepoint problems: a simple method and applications. ⋮ Reverse shooting made easy: Automating the search for the global nonlinear saddle path ⋮ INDETERMINACY AND PERIOD LENGTH UNDER BALANCED BUDGET RULES ⋮ The parametric path method: an alternative to Fair--Taylor and L--B--J for solving perfect foresight models. ⋮ Learning the optimum as a Nash equilibrium
Uses Software
This page was built for publication: Discrete-Time Finite Horizon Approximation of Infinite Horizon Optimization Problems with Steady-State Invariance