An Optimal Growth Model with Time Lags

DOI10.2307/1913860zbMath0262.90011OpenAlexW2029757005MaRDI QIDQ5678626

Mohamed Ali El-Hodiri, Andrew B. Whinston, Edna Loehman

Publication date: 1972

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1913860

Mathematics Subject Classification ID

Utility theory (91B16) Trade models (91B60)

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A NOTE ON THE OPTIMAL CONTROL OF STOCKS ACCUMULATING WITH A DELAY ⋮ Optimal policy and consumption smoothing effects in the time-to-build AK model ⋮ Numerical solution of a conspicuous consumption model with constant control delay ⋮ Numerical solution of optimal control problems with constant control delays ⋮ Multiple solutions in systems of functional differential equations

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