On Optimal Growth Under Uncertainty: Some Examples
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Publication:4606772
DOI10.1007/978-3-319-32543-9_8zbMath1407.91171OpenAlexW2478520003MaRDI QIDQ4606772
Publication date: 9 March 2018
Published in: Trends in Mathematical Economics (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/978-3-319-32543-9_8
uncertaintyBellman equationoptimal growthvalue functiontransition probabilitysecond-order stochastic dominancestochastic technologyoptimal consumption policy
Cites Work
- A new look at optimal growth under uncertainty
- A Stochastic Theory of the Firm
- One-Sector Nonclassical Optimal Growth: Optimality Conditions and Comparative Dynamics
- Optimal Economic Growth and Uncertainty: The No Discounting Case
- Uncertainty and Optimal Consumption Decisions
- On the Existence of Steady State Measures for One Sector Growth Models with Uncertain Technology