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On the smoothness of optimal paths II: some local turnpike results

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  • Joël Blot
  • Bertrand Crettez

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  • Joël Blot & Bertrand Crettez, 2007. "On the smoothness of optimal paths II: some local turnpike results," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 30(2), pages 137-150, November.
  • Handle: RePEc:spr:decfin:v:30:y:2007:i:2:p:137-150
    DOI: 10.1007/s10203-007-0072-x
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    References listed on IDEAS

    as
    1. Joël Blot & Bertrand Crettez, 2004. "On the smoothness of optimal paths," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 27(1), pages 1-34, August.
    2. Araujo, A & Scheinkman, Jose A, 1977. "Smoothness, Comparative Dynamics, and the Turnpike Property," Econometrica, Econometric Society, vol. 45(3), pages 601-620, April.
    3. Lionel W. McKenzie, 2012. "turnpike theory," The New Palgrave Dictionary of Economics,, Palgrave Macmillan.
    4. Lionel W. McKenzie, 2005. "Classical General Equilibrium Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262633302, December.
    5. Montrucchio, Luigi, 1995. "A New Turnpike Theorem for Discounted Programs," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 5(3), pages 371-382, May.
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    Cited by:

    1. Vassili Kolokoltsov & Wei Yang, 2012. "Turnpike Theorems for Markov Games," Dynamic Games and Applications, Springer, vol. 2(3), pages 294-312, September.

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    More about this item

    Keywords

    Differentiability; Optimal paths; C161; D99; 041; 49 K 40; 93 C 55; 91 B 62;
    All these keywords.

    JEL classification:

    • D99 - Microeconomics - - Micro-Based Behavioral Economics - - - Other

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