Titlebook: Optimization and Chaos; Mukul Majumdar,Tapan Mitra,Kazuo Nishimura Book 2000 Springer-Verlag Berlin Heidelberg 2000 Chaos.Chaostheorie.Dyn

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On the Minimum Rate of Impatience for Complicated Optimal Growth Paths,oodford (1990) for a recent survey). One of the most interesting and surprising results obtained so far is the indeterminacy theorem of Boldrin and Montrucchio (1986b), which implies that virtually every dynamical behavior is fully compatible with the standard assumptions of decreasing returns, comp

Derogate

Outshine

On the Relationship between Discounting and Entropy of Dynamic Optimization Models,lity function defined on this set, and 0 < δ < 1 is a discount factor, the relation between the magnitude of the discount factor and the extent of complicated behavior generated by the corresponding (optimal) policy function has been a topic of extensive study.

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Optimization and Chaos978-3-662-04060-7Series ISSN 1431-8849 Series E-ISSN 2196-9930

Cloudburst

痛苦一生

Periodic and Chaotic Programs of Optimal Intertemporal Allocation in an Aggregative Model with WealIn this chapter, we examine a discrete-time aggregative model of discounted dynamic optimization where the felicity function depends on both consumption and capital stock. The need for studying such a model has been stressed in the theory of optimal growth and also in the economics of natural resources.

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Mukul Majumdar,Tapan Mitra,Kazuo NishimuraEdited by three leading researchers.Contains an introduction to the fundamental concepts of chaotic dynamical systems