The infinite horizon dynamic optimization problem revisited: A simple method to determine equilibrium states

Keyphrases

• Dynamic Optimization 100%
• Equilibrium State 100%
• Infinite Horizon 100%
• Evolution Functions 100%
• Steady State 33%
• Decision Problems 33%
• Intertemporal Choice 33%
• Dynamic Behavior 33%
• Economic Model 33%
• Identification Task 33%
• Simple Function 33%
• State Function 33%
• Optimal Equilibrium 33%
• Management Model 33%
• Resource Exploitation 33%
• Planning Period 33%
• Infinite Time Horizon 33%
• Algebraic Problems 33%

Engineering

• Optimisation Problem 100%
• Equilibrium State 100%
• Evolution Function 100%
• Tasks 33%
• Explicit Expression 33%
• Dynamic Behavior 33%
• Optimization Method 33%
• Infinite Time 33%
• State Variable 33%
• Simple Function 33%