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Biconvergent stochastic dynamic programming, asymptotic impatience, and 'average' growth

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  • Streufert, Peter A.

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  • Streufert, Peter A., 1996. "Biconvergent stochastic dynamic programming, asymptotic impatience, and 'average' growth," Journal of Economic Dynamics and Control, Elsevier, vol. 20(1-3), pages 385-413.
    • Handle: RePEc:eee:dyncon:v:20:y:1996:i:1-3:p:385-413
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    References listed on IDEAS

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    1. Mehra, Rajnish & Prescott, Edward C., 1985. "The equity premium: A puzzle," Journal of Monetary Economics, Elsevier, vol. 15(2), pages 145-161, March.
    2. Larry G. Epstein & Stanley E. Zin, 2013. "Substitution, risk aversion and the temporal behavior of consumption and asset returns: A theoretical framework," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 12, pages 207-239, World Scientific Publishing Co. Pte. Ltd..
    3. Brock, William A. & Gale, David, 1969. "Optimal growth under factor augmenting progress," Journal of Economic Theory, Elsevier, vol. 1(3), pages 229-243, October.
    4. Lucas, Robert Jr. & Stokey, Nancy L., 1984. "Optimal growth with many consumers," Journal of Economic Theory, Elsevier, vol. 32(1), pages 139-171, February.
    5. Peter A. Streufert, 1990. "Stationary Recursive Utility and Dynamic Programming under the Assumption of Biconvergence," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 57(1), pages 79-97.
    6. Johnsen, Thore H & Donaldson, John B, 1985. "The Structure of Intertemporal Preferences under Uncertainty and Time Consistent Plans," Econometrica, Econometric Society, vol. 53(6), pages 1451-1458, November.
    7. Machina, Mark J, 1987. "Choice under Uncertainty: Problems Solved and Unsolved," Journal of Economic Perspectives, American Economic Association, vol. 1(1), pages 121-154, Summer.
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    Cited by:

    1. Jorge Durán, 2003. "Discounting long run average growth in stochastic dynamic programs," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 22(2), pages 395-413, September.
    2. Streufert, P. A., 1995. "A general theory of separability for preferences defined on a countably infinite product space," Journal of Mathematical Economics, Elsevier, vol. 24(5), pages 407-434.

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