Title of article :
Non-concave dynamic programming
Author/Authors :
Kevin D. Cotter، نويسنده , , Jee-Hyeong Park، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2006
Abstract :
For the standard dynamic programming problem, this paper establishes results regarding the differentiability of the value function and the stability of a solution without assuming concavity of the single period return function.
Keywords :
Differentiability of the value function , global stability , Dynamic programming , Non-concave return function
Journal title :
Economics Letters
Journal title :
Economics Letters
