Growth in the Robinson-Solow-Srinivasan model: Undiscounted optimal policy with a strictly concave welfare function

DOI10.1016/j.jmateco.2006.09.001zbMath1135.91396OpenAlexW2035231901MaRDI QIDQ924932

Tapan Mitra, M. Ali Khan

Publication date: 29 May 2008

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmateco.2006.09.001

zbMATH Keywords

dynamic programmingoptimal policymonotone policygolden-rulelimited concavity of felicity functionvalue loss

Mathematics Subject Classification ID

Economic growth models (91B62)

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