Solving nonlinear dynamic models by iterative dynamic programming

DOI10.1007/BF01299714MaRDI QIDQ1897645zbMATH OpenOpenAlexFDO

Authors Willi Semmler

Publication date 4 September 1995

Published in Computational Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/bf01299714

zbMATH Keywords

limit cyclesintertemporal optimizationdiscrete-time dynamic programming

Mathematics Subject Classification ID

Bifurcations of limit cycles and periodic orbits in dynamical systems (37G15) Dynamic programming in optimal control and differential games (49L20) Economic growth models (91B62)

Recommendations

• scientific article; zbMATH DE number 1774543
• Solving nonlinear dynamic stochastic models: an algorithm computing value function by simulations
• Analysis of a Numerical Dynamic Programming Algorithm Applied to Economic Models
• Solving dynamic economic models with nonconvexities due to fixed costs
• Using nonlinear model predictive control for dynamic decision problems in economics

Cites work

• scientific article; zbMATH DE number 15009 (Why is no real title available?)
• scientific article; zbMATH DE number 3568288 (Why is no real title available?)
• A complete characterization of optimal growth paths in an aggregated model with a non-concave production function
• A numerical approach to the infinite horizon problem of deterministic control theory
• Corrigenda: A numerical approach to the infinite horizon problem of deterministic control theory
• Critical debt and debt dynamics.
• Distinguishing random and deterministic systems: Abridged version
• Economically optimal policies for the utilization of biologically renewable resources
• Endogeneous growth and the balanced growth equilibrium
• Intertemporal allocation with a non-convex technology: The aggregative framework
• On the indeterminacy of capital accumulation paths
• On the optimal exploitation of interacting resources
• On the optimality of given feedback controls
• On the optimality of limit cycles in dynamic economic systems
• Optimal control by dynamic programming using systematic reduction in grid size
• Optimal control theory
• Optimization and nonsmooth analysis
• Sources of complex dynamics in two-sector growth models
• The Optimal Exploitation of Renewable Resource Stocks: Problems of Irreversible Investment
• The effects of the risk of fire on the optimal rotation of a forest
• The present value of resources with large discount rates

Cited in

(7)

• Self-adaptive variable-step approach for iterative dynamic programming with applications in batch process optimization
• Comparing different approaches for solving optimizing models with significant nonlinearities
• Solving a system of the nonlinear equations by iterative dynamic programming
• Algorithms for solving nonlinear dynamic decision models
• Reducing a nonlinear dynamic programming equation to a kolomogorov equation
• scientific article; zbMATH DE number 1774543 (Why is no real title available?)
• Complex solutions of nonconcave dynamic optimization models

This page was built for publication: Solving nonlinear dynamic models by iterative dynamic programming

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1897645)