Turnpike Properties of Capital Accumulation Games
Author
Suggested Citation
Download full text from publisher
Other versions of this item:
- Fershtman, Chaim & Muller, Eitan, 1986. "Turnpike properties of capital accumulation games," Journal of Economic Theory, Elsevier, vol. 38(1), pages 167-177, February.
References listed on IDEAS
- Brock, William A. & Scheinkman, JoseA., 1976.
"Global asymptotic stability of optimal control systems with applications to the theory of economic growth,"
Journal of Economic Theory, Elsevier, vol. 12(1), pages 164-190, February.
- William A. Brock & Jose A. Scheinkman, 1974. "Global Asymptotic Stability of Optimal Control Systems with Applications to the Theory of Economic Growth," Discussion Papers 85, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Cass, David & Shell, Karl, 1976. "The structure and stability of competitive dynamical systems," Journal of Economic Theory, Elsevier, vol. 12(1), pages 31-70, February.
- David Cass, 1964. "Optimum Economic Growth in an Aggregative Model of Capital Accumulation: A Turnpike Theorem," Cowles Foundation Discussion Papers 178, Cowles Foundation for Research in Economics, Yale University.
- Friedman, James W, 1981. "A Note on the Turnpike Properties of Time Dependent Supergames [Non-Cooperative Equilibria in Time Dependent Supergames]," Econometrica, Econometric Society, vol. 49(4), pages 1087-1088, June.
- Lionel W. McKenzie, 2012.
"turnpike theory,"
The New Palgrave Dictionary of Economics,,
Palgrave Macmillan.
- McKenzie, Lionel W, 1976. "Turnpike Theory," Econometrica, Econometric Society, vol. 44(5), pages 841-865, September.
- L. W. McKenzie, 2010. "Turnpike Theory," Levine's Working Paper Archive 1389, David K. Levine.
- Fershtman, Chaim & Muller, Eitan, 1984.
"Capital accumulation games of infinite duration,"
Journal of Economic Theory, Elsevier, vol. 33(2), pages 322-339, August.
- Chaim Fershtman & Eitan Muller, 1983. "Capital Accumulation Games of Infinite Duration," Discussion Papers 553, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Nora Paulus & Patrice Pieretti & Benteng Zou, 2021.
"Is a Dynamic Approach to Tax Games Relevant?,"
Annals of Economics and Statistics, GENES, issue 144, pages 113-138.
- Nora Paulus & Patrice Pierreti & Benteng Zou, 2019. "Is a dynamic approach of tax games relevant?," DEM Discussion Paper Series 19-09, Department of Economics at the University of Luxembourg.
- Denis Claude & Charles Figuières & Mabel Tidball, 2008. "Short-run stick and long-run carrot policy: the role of initial conditions," Working Papers 08-04, LAMETA, Universtiy of Montpellier, revised Feb 2008.
- Dockner, Engelbert J. & Van Long, Ngo & Sorger, Gerhard, 1996. "Analysis of Nash equilibria in a class of capital accumulation games," Journal of Economic Dynamics and Control, Elsevier, vol. 20(6-7), pages 1209-1235.
- Denis Claude & Charles Figuières & Mabel Tidball, 2012.
"Regulation of Investments in Infrastructure: The Interplay between Strategic Behaviors and Initial Endowments,"
Journal of Public Economic Theory, Association for Public Economic Theory, vol. 14(1), pages 35-66, February.
- Denis Claude & Charles Figuieres & Mabel Tidball, 2012. "Regulation of Investments in Infrastructure: The Interplay between Strategic Behaviors and Initial Endowments," Post-Print halshs-01226488, HAL.
- Fershtman, Chaim & Kamien, Morton I, 1990.
"Turnpike Properties in a Finite-Horizon Differential Game: Dynamic Duopoly with Sticky Prices,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 31(1), pages 49-60, February.
- Chaim Fershtman & Morton I. Kamien, 1987. "Turnpike Properties in a Finite Horizon Differential Game: Dynamic Duopoly with Sticky Prices," Discussion Papers 746, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Fershtman, C. & Kamien, M.I., 1988. "Turnpike Properties In A Finite Horizon Differential Game: Dynamic Duopoly With Sticky Prices," Papers 4-88, Tel Aviv.
- Chaim Fershtman & Morton I. Kamien, 1984. "Price Adjustment Speed and Dynamic Duopolistic Competitors," Discussion Papers 620, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Barucci, Emilio, 2000. "Differential games with nonconvexities and positive spillovers," European Journal of Operational Research, Elsevier, vol. 121(1), pages 193-204, February.
- Muller, Eitan, 2020. "Delimiting disruption: Why Uber is disruptive, but Airbnb is not," International Journal of Research in Marketing, Elsevier, vol. 37(1), pages 43-55.
- Boldrin Michele & Montrucchio Luigi, 1995.
"Acyclicity and Dynamic Stability: Generalizations and Applications,"
Journal of Economic Theory, Elsevier, vol. 65(2), pages 303-326, April.
- Michele Boldrin & Luigi Montrucchio, 1987. "Acyclicity and Dynamic Stability: Generalizations and Applications," Discussion Papers 980, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- McKenzie, L., 1999. "The First Conferences on the Theory of Economic Growth," RCER Working Papers 459, University of Rochester - Center for Economic Research (RCER).
- Truman Bewley, 2010. "An Integration of Equilibrium Theory and Turnpike Theory," Levine's Working Paper Archive 1381, David K. Levine.
- Boldrin Michele & Montrucchio Luigi, 1995.
"Acyclicity and Dynamic Stability: Generalizations and Applications,"
Journal of Economic Theory, Elsevier, vol. 65(2), pages 303-326, April.
- Michele Boldrin & Luigi Montrucchio, 1987. "Acyclicity and Dynamic Stability: Generalizations and Applications," Discussion Papers 980, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Montrucchio, Luigi, 1995. "A turnpike theorem for continuous-time optimal-control models," Journal of Economic Dynamics and Control, Elsevier, vol. 19(3), pages 599-619, April.
- Venditti Alain, 2019.
"Competitive equilibrium cycles for small discounting in discrete-time two-sector optimal growth models,"
Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 23(4), pages 1-14, September.
- Alain Venditti, 2018. "Competitive Equilibrium Cycles for Small Discounting in Discrete-Time Two-Sector Optimal Growth Models," AMSE Working Papers 1830, Aix-Marseille School of Economics, France.
- Alain Venditti, 2019. "Competitive equilibrium cycles for small discounting in discrete-time two-sector optimal growth models," Post-Print hal-02352979, HAL.
- Alain Venditti, 2018. "Competitive Equilibrium Cycles for Small Discounting in Discrete-Time Two-Sector Optimal Growth Models," Working Papers halshs-01934842, HAL.
- Mitra, Tapan & Nishimura, Kazuo, 2001. "Discounting and Long-Run Behavior: Global Bifurcation Analysis of a Family of Dynamical Systems," Journal of Economic Theory, Elsevier, vol. 96(1-2), pages 256-293, January.
- Erzo Luttmer, 2017.
"Slow Convergence in Economies with Organization Capital,"
2017 Meeting Papers
1117, Society for Economic Dynamics.
- Erzo G. J. Luttmer, 2019. "Slow Convergence in Economies with Organization Capital," Staff Report 585, Federal Reserve Bank of Minneapolis.
- Erzo G. J. Luttmer, 2018. "Slow Convergence in Economies with Organization Capital," Working Papers 748, Federal Reserve Bank of Minneapolis.
- Jafarey, Saqib & Park, Hyun, 1998. "The dynamics of optimal wealth distributions with recursive utility," Economics Letters, Elsevier, vol. 61(2), pages 149-158, November.
- Alain Venditti, 2012.
"Weak concavity properties of indirect utility functions in multisector optimal growth models,"
International Journal of Economic Theory, The International Society for Economic Theory, vol. 8(1), pages 13-26, March.
- Alain Venditti, 2011. "Weak Concavity Properties of Indirect Utility Functions in Multisector Optimal Growth Models," Working Papers halshs-01059589, HAL.
- Alain Venditti, 2014. "Weak Concavity Properties of Indirect Utility Functions in Multisector Optimal Growth Models," AMSE Working Papers 1440, Aix-Marseille School of Economics, France, revised Sep 2014.
- Magill, Michael J P, 1979.
"The Stability of Equilibrium,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 20(3), pages 577-597, October.
- Michael J.P. Magill, 1977. "The Stability of Equilibrium," Discussion Papers 306, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- M. Marena & L. Montrucchio, 1999. "Neighborhood Turnpike Theorem for Continuous-Time Optimization Models," Journal of Optimization Theory and Applications, Springer, vol. 101(3), pages 651-676, June.
- Lars J. Olson & Santanu Roy, 2006.
"Theory of Stochastic Optimal Economic Growth,"
Springer Books, in: Rose-Anne Dana & Cuong Le Van & Tapan Mitra & Kazuo Nishimura (ed.), Handbook on Optimal Growth 1, chapter 11, pages 297-335,
Springer.
- Olson, Lars J. & Roy, Santanu, 2005. "Theory of Stochastic Optimal Economic Growth," Working Papers 28601, University of Maryland, Department of Agricultural and Resource Economics.
- Martinez-Garcia, Maria Pilar, 2003. "The general instability of balanced paths in endogenous growth models: the role of transversality conditions," Journal of Economic Dynamics and Control, Elsevier, vol. 27(4), pages 599-618, February.
- Dai, Darong, 2011. "Wealth Martingale and Neighborhood Turnpike Property in Dynamically Complete Market with Heterogeneous Investors," MPRA Paper 46416, University Library of Munich, Germany.
- Yano, Makoto, 1984.
"The turnpike of dynamic general equilibrium paths and its insensitivity to initial conditions,"
Journal of Mathematical Economics, Elsevier, vol. 13(3), pages 235-254, December.
- M. Yano, 2010. "The Turnpike of Dynamic General Equilibrium Paths and its Insensitivity to Initial Conditions," Levine's Working Paper Archive 1394, David K. Levine.
- Chaim Fershtman & Morton I. Kamien, 1984. "Price Adjustment Speed and Dynamic Duopolistic Competitors," Discussion Papers 620, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Brock, William & Xepapadeas, Anastasios, 2008. "Diffusion-induced instability and pattern formation in infinite horizon recursive optimal control," Journal of Economic Dynamics and Control, Elsevier, vol. 32(9), pages 2745-2787, September.
- Fershtman, Chaim & Kamien, Morton I, 1990.
"Turnpike Properties in a Finite-Horizon Differential Game: Dynamic Duopoly with Sticky Prices,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 31(1), pages 49-60, February.
- Chaim Fershtman & Morton I. Kamien, 1987. "Turnpike Properties in a Finite Horizon Differential Game: Dynamic Duopoly with Sticky Prices," Discussion Papers 746, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Fershtman, C. & Kamien, M.I., 1988. "Turnpike Properties In A Finite Horizon Differential Game: Dynamic Duopoly With Sticky Prices," Papers 4-88, Tel Aviv.
- Frédéric Lordon, 1991. "Théorie de la croissance : quelques développements récents [Première partie : la croissance récente]," Revue de l'OFCE, Programme National Persée, vol. 36(1), pages 157-211.
- Willi Semmler & Malte Sieveking, 1994. "On the optimal exploitation of interacting resources," Journal of Economics, Springer, vol. 59(1), pages 23-49, February.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nwu:cmsems:604. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Fran Walker (email available below). General contact details of provider: https://edirc.repec.org/data/cmnwuus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.