Handbook on Optimal Growth 1 : Discrete Time /
Contributor(s): Dana, Rose-Anne [editor.] | Le Van, Cuong [editor.] | Mitra, Tapan [editor.] | Nishimura, Kazuo [editor.] | SpringerLink (Online service).
Material type:
BookPublisher: Berlin, Heidelberg : Springer Berlin Heidelberg, 2006.Description: XIX, 477 p. online resource.Content type: text Media type: computer Carrier type: online resourceISBN: 9783540323105.Subject(s): Game theory | Economics | Management science | Economic theory | Macroeconomics | Economic growth | Economics | Economics, general | Economic Theory/Quantitative Economics/Mathematical Methods | Economic Growth | Game Theory, Economics, Social and Behav. Sciences | Macroeconomics/Monetary Economics//Financial EconomicsDDC classification: 330 Online resources: Click here to access online | Item type | Current location | Call number | Status | Date due | Barcode | Item holds |
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E books
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PK Kelkar Library, IIT Kanpur | Available | EBK5691 |
Optimal Growth Without Discounting -- Optimal Growth Models with Discounted Return -- Duality Theory in Infinite Horizon Optimization Models -- Rationalizability in Optimal Growth Theory -- On Stationary Optimal Stocks in Optimal Growth Theory: Existence and Uniqueness Results -- Optimal Cycles and Chaos -- Intertemporal Allocation with a Non-convex Technology -- Isotone Recursive Methods: The Case of Homogeneous Agents -- Discrete-Time Recursive Utility -- Indeterminacy in Discrete-Time Infinite-Horizon Models -- Theory of Stochastic Optimal Economic Growth -- The von Neumann-Gale Growth Model and Its Stochastic Generalization -- Equilibrium Dynamics with Many Agents -- Dynamic Games in Economics.
The problem of efficient or optimal allocation of resources is a fundamental concern of economic analysis. The theory of optimal economic growth can be viewed as an aspect of this central theme, which emphasizes in general the issues arising in the allocation of resources over an infinite time horizon, and in particular the consumption-investment decision process in models in which there is no natural "terminal date". This broad scope of "optimal growth theory" is one which has evolved over time, as economists have discovered new interpretations of its central results, as well as new applications of its basic methods. The Handbook on Optimal Growth provides surveys of significant results of the theory of optimal growth, as well as the techniques of dynamic optimization theory on which they are based. Armed with the results and methods of this theory, a researcher will be in an advantageous position to apply these versatile methods of analysis to new issues in the area of dynamic economics. .
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