Dynamic programming with homogeneous functions

被引：65

作者：

Alvarez, F ^{[1
]}

Stokey, NL ^{[1
]}

机构：

[1] Univ Chicago, Dept Econ, Chicago, IL 60637 USA

来源：

JOURNAL OF ECONOMIC THEORY | 1998年 / 82卷 / 01期

关键词：

D O I：

10.1006/jeth.1998.2431

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We show that the basic existence, uniqueness, and convergence results of dynamic programming hold when the return function is homogeneous of degree 0 less than or equal to 1 and the constraints are homogeneous of degree one. (C) 1998 Academic Press.

引用

页码：167 / 189

页数：23

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