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.
引用
下载
收藏
页码：261 / 278
页数：18
相关论文
共 50 条
  • [31] Implementation of Nash bargaining solutions with non-convexity
    Qin, Cheng-Zhong
    Tan, Guofu
    Wong, Adam Chi Leung
    ECONOMICS LETTERS, 2019, 178 : 46 - 49
  • [32] Exhaustible resources, non-convexity and competitive equilibrium
    Cairns, Robert D.
    ENVIRONMENTAL & RESOURCE ECONOMICS, 2008, 40 (02): : 177 - 193
  • [33] HOW THE LAW CIRCUMVENTS STARRETT NON-CONVEXITY
    COOTER, RD
    JOURNAL OF ECONOMIC THEORY, 1980, 22 (03) : 499 - 504
  • [34] Acquainted Non-convexity Multiresolution Based Optimization for Affine Parameter Estimation in Image Registration
    Peter, J. Dinesh
    Govindan, V. K. .
    Mathew, Abraham T.
    ADVANCES IN COMPUTATION AND INTELLIGENCE, PROCEEDINGS, 2008, 5370 : 171 - 180
  • [35] Bias Versus Non-Convexity in Compressed Sensing
    Daniele Gerosa
    Marcus Carlsson
    Carl Olsson
    Journal of Mathematical Imaging and Vision, 2022, 64 : 379 - 394
  • [36] THE POINTS OF LOCAL NON-CONVEXITY OF STARSHAPED SETS
    TORANZOS, FA
    PACIFIC JOURNAL OF MATHEMATICS, 1982, 101 (01) : 209 - 213
  • [37] NON-CONVEXITY AND OPTIMAL EXHAUSTION OF RENEWABLE RESOURCES
    LEWIS, TR
    SCHMALENSEE, R
    INTERNATIONAL ECONOMIC REVIEW, 1977, 18 (03) : 535 - 552
  • [38] DETRIMENTAL EXTERNALITIES AND NON-CONVEXITY OF PRODUCTION SET
    BAUMOL, WJ
    BRADFORD, DF
    ECONOMICA, 1972, 39 (154) : 160 - 177
  • [39] On the non-convexity of charge densities in atoms and ions
    Angulo, JC
    Koga, T
    Romera, E
    Dehesa, JS
    JOURNAL OF MOLECULAR STRUCTURE-THEOCHEM, 2000, 501 : 177 - 182
  • [40] HARDY INEQUALITIES UNDER SOME NON-CONVEXITY MEASURES
    Abuelela, Waleed
    TAIWANESE JOURNAL OF MATHEMATICS, 2013, 17 (01): : 299 - 313
12345