Approximations in Stochastic Growth Models

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985556%3A_____%2F06%3A00041257" target="_blank" >RIV/67985556:_____/06:00041257 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
Approximations in Stochastic Growth Models
Original language description
In this note, we consider finite state approximations of the stochastic Ramsey type model in discrete-time version. Recalling standard procedures of stochastic dynamic programming we present explicit formulas for finding maximum global utility of the consumers (i.e. sum of total discounted instantaneous utilies) in the approximated model.
Czech name
—
Czech description
—

Project
Result was created during the realization of more than one project. More information in the Projects tab.
Continuities
Z - Vyzkumny zamer (s odkazem do CEZ)

Publication year
2006
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 24th International Conference Mathematical Methods in Economics 2006
ISBN
978-80-7043-480-2
ISSN
—
e-ISSN
—
Number of pages
6
Pages from-to
—
Publisher name
University of West Bohemia in Pilsen
Place of publication
Plzeň
Event location
Plzeň
Event date
Sep 13, 2006
Type of event by nationality
CST - Celostátní akce
UT code for WoS article
—

Similar results(10)