We introduce a novel simulated certainty equivalent approximation (SCEQ) method for solving dynamic stochastic problems. Our examples show that SCEQ can quickly solve high-dimensional finite- or infinite-horizon, stationary or non- stationary dynamic stochastic problems with hundreds of state...

Soil carbon can be sequestered through different land management options depending on the soil carbon status at the beginning of a management period. This initial status results from a given soil management history in a given soil climate regime. Similarly, the prediction of future carbon...