Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/93563 
Erscheinungsjahr: 
2013
Schriftenreihe/Nr.: 
UPSE Discussion Paper No. 2013-06
Verlag: 
University of the Philippines, School of Economics (UPSE), Quezon City
Zusammenfassung: 
This paper, using the different alternative methods of dynamic optimization (the Lagrange/Kuhn-Tucker (LKT) method, the substitution method, the Hamiltonian method, and the dynamic programming approach) derives the conditions that must be satisfied by the solution to the so-called Ramsey problem, hopefully in a way that can be understood by undergraduate economics students. This is done by assuming that time is discrete and that, for simplicity but without loss of generality, there are only three periods.
Schlagwörter: 
Ramsey problem
dynamic optimazation
Lagrange method
Substitution method
Hamiltonian method
dynamic programming
JEL: 
C61
D91
E21
Dokumentart: 
Working Paper

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