NON-CONVEXITY, DISCOUNTING AND INFINITE HORIZON OPTIMIZATION

被引：0
|
作者：
Majumdar, Mukul [2 ]
Roy, Santanu [1 ]
机构：
[1] So Methodist Univ, Dept Econ, Dallas, TX 75275 USA
[2] Cornell Univ, Dept Econ, Ithaca, NY 14853 USA
来源：
JOURNAL OF NONLINEAR AND CONVEX ANALYSIS | 2009年 / 10卷 / 02期
关键词：
Optimal economic growth; non-convex technology; increasing returns; non-classical growth model; OPTIMAL-GROWTH MODELS; NONCLASSICAL OPTIMAL-GROWTH; STOCHASTIC OPTIMAL-GROWTH; LINEAR OBJECTIVE FUNCTION; DYNAMIC OPTIMIZATION; RENEWABLE RESOURCES; TECHNOLOGY; CONSERVATION; UNCERTAINTY; NONSMOOTH;
D O I：
暂无
中图分类号：
O29 [应用数学];
学科分类号：
070104 ;
摘要：
We consider the discounted aggregative model of optimal economic growth with non-convex production technology. We review some of the important results on the nature and long run behavior of optimal accumulation paths and indicate how these differ qualitatively from the ones in the classical convex version of the model.
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页码：261 / 278
页数：18
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