Optimal investment models with vintage capital: Dynamic programming approach
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- Silvia Faggian & Fausto Gozzi, 2008. "Optimal investment models with vintage capital: Dynamic Programming approach," Working Papers 174, Department of Applied Mathematics, Università Ca' Foscari Venezia.
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"Optimal investment models with vintage capital: Dynamic programming approach,"
Journal of Mathematical Economics, Elsevier, vol. 46(4), pages 416-437, July.
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More about this item
Keywords
Optimal investment Vintage capital Age-structured systems Optimal control Dynamic programming Hamilton-Jacobi-Bellman equations Linear convex control Boundary control;JEL classification:
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
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