Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10001782373
Persistent link: https://www.econbiz.de/10003864065
This paper introduces a method of optimization in infinite-horizon economies based on the theory of correspondences. The proposed approach allow us to study time-separable and non-time-separable dynamic economic models without resorting to fixed point theorems or transversality conditions. When...
Persistent link: https://www.econbiz.de/10013039815