Solving stochastic optimization models with learning and rational expectations

DOI10.1016/0165-1765(95)98449-YzbMATH Open0900.90119OpenAlexW1966815274MaRDI QIDQ673397FDOQ673397

Sudhakar Achath, Hans M. Amman, David A. Kendrick

Publication date: 28 February 1997

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1765(95)98449-y

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zbMATH Keywords

LearningStochastic controlForward variablesRational expectationssingle-agent stochastic dynamic optimization

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

• Title not available (Why is that?)
• The Solution of Linear Difference Models under Rational Expectations
• Solution and Maximum Likelihood Estimation of Dynamic Nonlinear Rational Expectations Models
• A note on computing competitive equilibria in linear models
• Title not available (Why is that?)

Cited In (9)

• Quasi-rational expectations, an alternative to fully rational expectations: An application to US beef cattle supply
• Solution and control of linear rational expectations models with structural effects from future instruments
• Optimal Learning for Stochastic Optimization with Nonlinear Parametric Belief Models
• Learning Algorithms for Separable Approximations of Discrete Stochastic Optimization Problems
• Stochastic policy design in a learning environment with rational expectations.
• Computing the steady state of linear quadratic optimization models with rational expectations
• Open loop time consistency for linear rational expectations models
• Forward-looking variables in deterministic control
• Predicting optimal solution cost with conditional probabilities

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