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Recursive methods in economic dynamics / Nancy L. Stokey and Robert E. Lucas, Jr., with Edward C. Prescott.
- Format:
- Book
- Author/Creator:
- Stokey, Nancy L.
- Language:
- English
- Subjects (All):
- Economics, Mathematical.
- Recursive functions.
- Physical Description:
- 1 online resource (xviii, 588 pages) : illustrations.
- Place of Publication:
- Cambridge, Mass. : Harvard University Press, 1989.
- Contents:
- I. The recursive approach. Introduction
- An overview
- II. Deterministic models. Mathematical preliminaries
- Dynamic programming under certainty
- Applications of dynamic programming under certainty
- Deterministic dynamics
- III. Stochastic models. Measure theory and integration
- Markov processes
- Stochastic dynamic programming
- Applications of stochastic dynamic programming
- Strong convergence of Markov processes
- Weak convergence of Markov processes
- Applications of convergence results for Markov processes
- Laws of large numbers
- IV. Competitive equilibrium. Pareto optima and competitive equilibria
- Applications of equilibrium theory
- Fixed-point arguments
- Equilibria in systems with distortions.
- Notes:
- Includes bibliographical references (pages 563-573).
- Includes indexes.
- Electronic reproduction. Ann Arbor, MI Available via World Wide Web.
- Description based on print version record.
- Local Notes:
- Acquired for the Penn Libraries with assistance from the Lippincott Library Book Endowment Fund.
- ISBN:
- 9780674735187 (electronic bk.)
- 0674735188 (electronic bk.)
- OCLC:
- 18835722
- Publisher Number:
- 99991145564
- Access Restriction:
- Restricted for use by site license.
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