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The Global Asymptotic Stability of Optimal Control with Applications to Dynamic Economic Theory

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  • William A. Brock
  • Jose Scheinkman

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  • William A. Brock & Jose Scheinkman, 1975. "The Global Asymptotic Stability of Optimal Control with Applications to Dynamic Economic Theory," Discussion Papers 151, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    • Handle: RePEc:nwu:cmsems:151
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    File URL: http://www.kellogg.northwestern.edu/research/math/papers/151.pdf
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    References listed on IDEAS

    as
    1. 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.
    2. Brock, William A, 1973. "Some Results on the Uniqueness of Steady States in Multisector Models of Optimum Growth when Future Utilities are Discounted," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 14(3), pages 535-559, October.
    3. William A. Brock & Jose Scheinkman, 1975. "Some Results on Global Asymptotic Stability of Control Systems," Discussion Papers 150, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    4. Robert E. Lucas & Jr., 1967. "Adjustment Costs and the Theory of Supply," Journal of Political Economy, University of Chicago Press, vol. 75(4), pages 321-321.
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    Cited by:

    1. Wirl, Franz, 1999. "Complex, dynamic environmental policies," Resource and Energy Economics, Elsevier, vol. 21(1), pages 19-41, January.
    2. W. A. Brock, 1977. "Applications of Recent Results on the Asymptotic Stability of Optimal Control to the Problem of Comparing Long Run Equilibria," Discussion Papers 274, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    3. McKenzie, L., 1999. "The First Conferences on the Theory of Economic Growth," RCER Working Papers 459, University of Rochester - Center for Economic Research (RCER).
    4. Dechert,W.D. & Brock,W.A., 2003. "The lake game," Working papers 24, Wisconsin Madison - Social Systems.
    5. Mario, Pomini, 2009. "From stability to growth in neoclassical multisector models," MPRA Paper 18995, University Library of Munich, Germany.

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