Stability Analysis in a Leontief Optimal Growth Model.

Abstract

It is shown in our model that there are two types of optimal stationary programs--boundary type and interior type. There exists a critical discount factor delta for each type of optimal stationary program such that when the discount factor delta is less than delta primed, the corresponding optimal program will be unstable. Examples are given to demonstrate this. (Author)

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Jun 01, 1981
Accession Number
ADA101608

Entities

People

  • Chia-shin Chung

Organizations

  • University of California, Berkeley

Tags

Communities of Interest

  • C4I

DTIC Thesaurus Topics

  • Abstracts
  • Boundaries
  • California
  • Convex Programming
  • Engineering
  • Equations
  • Instability
  • Linear Programming
  • Military Research
  • Operations Research
  • Production
  • Productivity
  • Security
  • Steady State
  • Two Dimensional
  • United States
  • Universities

Fields of Study

  • Physics

Readers

  • Analytical Mechanics
  • Linear Algebra
  • Mathematical Modeling and Probability Theory.