Title of article :
On discrete time infinite horizon optimal growth problem
Author/Authors :
Yıldız Ulus, Ay ̧segul Department of Mathematics - Galatasaray University, ̇Turkey
Abstract :
Optimal growth problem is an important optimization problem in the theory of economic dynamics. This paper provides an overview of the main approaches used in the existing literature in solving infinite horizon discrete time optimal growth problem and includes very recent developments.
Keywords :
optimal growth , infinite horizon optimal control , dynamic programming , Lagrange multiplier
Journal title :
International Journal of Optimization and Control: Theories and Applications
