[PDF.31oa] The Hamiltonian Approach to Dynamic Economics (Economic Theory and Mathematical Economics)

The Hamiltonian Approach to Dynamic Economics (Economic Theory and Mathematical Economics)

[PDF.hv22] The Hamiltonian Approach to Dynamic Economics (Economic Theory and Mathematical Economics)

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 |  2014-05-10 |  2014-05-10 | File type: PDF

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The Hamiltonian Approach to Dynamic Economics focuses on the application of the Hamiltonian approach to dynamic economics and attempts to provide some unification of the theory of heterogeneous capital. Emphasis is placed on the stability of long-run steady-state equilibrium in models of heterogeneous capital accumulation. Generalizations of the Samuelson-Scheinkman approach are also given. Moreover, conditions are sought on the geometry of the Hamiltonian function (that...

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