![]() ![]() ![]() Infinite Planning HorizonMethodological Issues of Infinite Horizon / The Optimal Investment Path of a Firm / The Optimal Social Saving Behavior / Phase-Diagram Analysis / The Concavity/Convexity Sufficient Condition Again6. Second-Order ConditionsThe Concavity/Convexity Sufficient Condition / The Legendre Necessary Condition / First and Second Variations5. Transversality Conditions for Variable-Endpoint ProblemsThe General Transversality Condition / Specialized Transversality Conditions / Three Generalizations / The Optimal Adjustment of Labor Demand4. The Fundamental Problem of the Calculus of VariationsThe Euler Equation / Some Special Cases / Two Generalizations of the Euler Equation / Dynamic Optimization of a Monopolist / Trading Off Inflation and Unemployment3. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |