A Paradox in the Theory of Optimal Stabilization

DOI10.2307/2296510MaRDI QIDQ5653763zbMATH OpenOpenAlexFDO

Authors A. J. Preston

Publication date 1972

Published in Review of Economic Studies (Search for Journal in Brave)

Full work available at URL https://doi.org/10.2307/2296510

Mathematics Subject Classification ID

Decision theory (91B06)

Cited in

(4)

• Admissible target paths in economic models
• The importance of numerical algorithms for solving economic optimization problems †
• Policy modification for macro-economic systems resulting in reduced sensitivity to parameter perturbations
• On the set of obtainable reference trajectories using minimum variance control

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