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Note on the bellman equation of the overtaking criterion (a)

Author

Listed:
  • Le Van Cuong
  • Dana Rose-anne

Abstract

This paper analyses the basic features of technical and distributional changes in the US since the Civil War as the expression of the gradual emergence of a new paradigm, corresponding to a Managerial Revolution, and its replacement of the earlier organization inherited from the Industrial Revolution.

Suggested Citation

  • Le Van Cuong & Dana Rose-anne, 1988. "Note on the bellman equation of the overtaking criterion (a)," CEPREMAP Working Papers (Couverture Orange) 8820, CEPREMAP.
  • Handle: RePEc:cpm:cepmap:8820
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    File URL: http://www.cepremap.fr/depot/couv_orange/co8820.pdf
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    Cited by:

    1. Takashi Kamihigashi, 2008. "On the principle of optimality for nonstationary deterministic dynamic programming," International Journal of Economic Theory, The International Society for Economic Theory, vol. 4(4), pages 519-525, December.

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