The structure and stability of competitive dynamical systems

DOI10.1016/0022-0531(76)90027-2MaRDI QIDQ1234621zbMATH OpenOpenAlexFDO

Authors David Cass, Karl Shell

Publication date 1976

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0022-0531(76)90027-2

Mathematics Subject Classification ID

Dynamical aspects of finite-dimensional Hamiltonian and Lagrangian systems (37J99) Trade models (91B60)

Cites work

• A characterization of the normalized restricted profit function
• An Exercise in the Theory of Heterogeneous Capital Accumulation
• Capital Accumulation and Efficient Allocation of Resources
• Duality Theory for Infinite Horizon Convex Models
• Efficiency prices for optimal consumption plans
• Equilibrium Dynamics with Heterogeneous Capital Goods
• Global asymptotic stability of optimal control systems with applications to the theory of economic growth
• scientific article; zbMATH DE number 3283233 (Why is no real title available?)
• scientific article; zbMATH DE number 3200250 (Why is no real title available?)
• On Existence of Weakly Maximal Programmes in a Multi-Sector Economy
• On Optimal Consumption Plans in a Multi-sector Economy
• On Optimal Development in a Multi-Sectoral Economy: the Discounted Case
• On optimal steady states of n-sector growth models when utility is discounted
• On the Stability of a Pure Exchange Equiliblium
• Optimal Growth with Intertemporally Dependent Preferences
• Saddle points of Hamiltonian systems in convex Lagrange problems having a nonzero discount rate
• Saddle points of Hamiltonian systems in convex problems of Lagrange
• The "Saddlepoint Property" and the Structure of Dynamic Heterogeneous Capital Good Models
• The General Instability of a Class of Competitive Growth Processes
• Turnpike Theorems for a Generalized Leontief Model

Cited in

(82)

• An integration of equilibrium theory and turnpike theory
• Reswitching as a cusp catastrophe
• The existence of optimal consumption policies in optimal economic growth models with nonconvex technologies
• A local analysis of stability and regularity of stationary states in discrete symmetric optimal capital accumulation models
• The primal route to the turnpike and asymptotic stability
• The turnpike of dynamic general equilibrium paths and its insensitivity to initial conditions
• Turnpike properties of capital accumulation games
• The Hopf bifurcation and the existence and stability of closed orbits in multisector models of optimal economic growth
• A sensitivity analysis on optimal economic growth
• Existence of solutions of Hamiltonian dynamical systems of economic growth with Marxian savings hypothesis
• On uniqueness of a steady state and convergence of optimal paths in multisector models of optimal growth with a discount rate
• Pricing infinite horizon programs
• A note on the stochastic value loss assumption
• Duality theory for dynamic optimization models of economics: The continuous time case
• Temporary transfers in a simple dynamic general equilibrium model
• Existence and sensitivity analysis of optimal paths in an economic growth model with infinite planning horizon
• Price expectations and global stability in economic systems
• Saddle points of Hamiltonian systems in convex Lagrange problems having a nonzero discount rate
• A growth property in concave-convex Hamiltonian systems
• A characterization of the normalized restricted profit function
• Global asymptotic stability of optimal control systems with applications to the theory of economic growth
• Existence of solutions to Hamiltonian dynamical systems of optimal growth
• Existence and the Cass-Shell stability condition for Hamiltonian systems of optimal growth
• Some new results on the local stability of the process of capital accumulation
• Ordinary differential systems of optimal control type with monotone reversed nonlinearities
• Introduction to Hamiltonian dynamics in economics
• On the asymptotic behavior of stochastic economic processes. Two examples from intertemporal allocation under uncertainty
• On the optimality and stability of competitive paths in continuous time growth models
• The dynamics of optimal wealth distributions with recursive utility
• Neighborhood turnpike theorem for continuous-time optimization models
• On the optimal exploitation of interacting resources
• Interlinkage in the endogenous real business cycles of international economies
• Ergodic chaos in optimal growth models with low discount rates
• Efficiency and optimality in stochastic models with production
• A uniform neighborhood turnpike theorem and applications
• On the existence of a stationary optimal stock for a multi-sector economy: A primal approach
• Hopf bifurcation for functional differential equations of mixed type
• A primal route to the turnpike and Lyapunov stability
• The general instability of balanced paths in endogenous growth models: The role of transversality conditions
• Intertemporal equity and efficient allocation of resources.
• A new turnpike theorem for discounted programs
• Endogenous cycles with small discounting in multisector optimal growth models: Continuous-time case
• David Cass: economic theorist
• Stability of international pollution control games: a potential game approach
• Turnpike properties for a class of piecewise deterministic systems arising in manufacturing flow control
• A stochastic control model of economic growth with environmental disaster prevention
• Stabilization of capital accumulation games
• Competitive equilibrium cycles for small discounting in discrete-time two-sector optimal growth models
• Ergodic convergence of a stochastic proximal point algorithm
• Stability and optimal exploitation over an infinite time horizon of interacting populations
• Asymptotical stability of optimal paths in nonconvex problems
• Public goods in optimal economic growth
• Global stability and the ``turnpike in optimal unbounded growth models
• The periodic turnpike theorem
• Periodic solutions for coupled first order systems of ordinary differential equations
• Existence of aperiodic time-dependent solutions in optimal growth economy with three sectors
• Optimal capital accumulation paths for growth models with infinite planning horizon and non-convex technologies
• Local stability in endogenous growth models
• The condition of self-steering of economic development
• Discounting and long-run behavior: Global bifurcation analysis of a family of dynamical systems
• Optimal growth with many consumers
• Global asymptotic stability results for multisector models of optional growth under uncertainty when future utilities are discounted
• Invariant ideals and their applications to the turnpike theory
• Performance cycles
• A turnpike theorem for continuous-time optimal-control models
• The present value of resources with large discount rates
• A robust asymptotic control model to analyze climate policy with CDR options
• A robust infinite-horizon optimal control approach to climate economics
• Existence and global asymptotic stability of optimal trajectories for a class of infinite-horizon, nonconvex systems
• Equilibrium cycling with small discounting
• The local stability of an open-loop Nash equilibrium in a finite horizon differential game
• Capital accumulation games of infinite duration
• Economic dynamics
• The envelope theorem in dynamic optimization
• On the optimality of limit cycles in dynamic economic systems
• The economics of orchards: An exercise in point-input, flow-output capital theory
• Diffusion-induced instability and pattern formation in infinite horizon recursive optimal control
• Stabilization with discounted optimal control
• A minimax approach to the implicit programming problem
• Hopf bifurcations in multisector models of optimal economic growth
• On the local stability of the solution to optimal control problems
• Dynamic stability in a two-country model of optimal growth and international trade

This page was built for publication: The structure and stability of competitive dynamical systems

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1234621)