Concepedia
International Economic Review · 1976 · 25 citations · 2 references
Social SciencesEconomicsStochastic ProcessesDynamic Economic ModelsEconomic GrowthGrowth TheoryMarkov ChainsPricing Under UncertaintyShadow PricingDistributional Shadow Pricing
2
Optimal economic growth and uncertainty: The discounted case
William A. Brock, Leonard J. Mirman · Journal of Economic Theory · 1972 · 791 citations
Social Sciences, Economics, Markov Decision Processes +11
Optimal stationary consumption with stochastic production and resources
Roy Radner · Journal of Economic Theory · 1973 · 69 citations
Social Sciences, Economics, Microeconomics +11