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2000 | OriginalPaper | Buchkapitel

Periodic and Chaotic Programs of Optimal Intertemporal Allocation in an Aggregative Model with Wealth Effects

verfasst von : Mukul Majumdar, Tapan Mitra

Erschienen in: Optimization and Chaos

Verlag: Springer Berlin Heidelberg

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In 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.

Metadaten
Titel
Periodic and Chaotic Programs of Optimal Intertemporal Allocation in an Aggregative Model with Wealth Effects
verfasst von
Mukul Majumdar
Tapan Mitra
Copyright-Jahr
2000
Verlag
Springer Berlin Heidelberg
DOI
https://doi.org/10.1007/978-3-662-04060-7_3

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