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Chebyshevskii Sbornik, 2019, Volume 20, Issue 4, Pages 188–196 DOI: https://doi.org/10.22405/2226-8383-2018-20-4-188-196
(Mi cheb844)
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This article is cited in 5 scientific papers (total in 5 papers)
Assessment of the necessary initial economic resource in the Ramsey–Kass–Koopmans problem
A. I. Kozko, L. M. Luzhina, A. Yu. Popov, V. G. Chirskii Lomonosov Moscow State University
DOI:
https://doi.org/10.22405/2226-8383-2018-20-4-188-196
Abstract:
The article investigates the full utility of economic activity in a finite period of time in the case when the utility function admits with high accuracy the approximation of a linear function. The estimation of the best approximation of the utility function on the segment with a given ratio of the ends of the linear function is given.
Keywords:
mathematical model, Ramsey-Kass-Koopmans problem, competitive households, maximizing total utility, analytical approximation.
Received: 04.10.2019 Accepted: 20.12.2019
Citation:
A. I. Kozko, L. M. Luzhina, A. Yu. Popov, V. G. Chirskii, “Assessment of the necessary initial economic resource in the Ramsey–Kass–Koopmans problem”, Chebyshevskii Sb., 20:4 (2019), 188–196
Linking options:
https://www.mathnet.ru/eng/cheb844 https://www.mathnet.ru/eng/cheb/v20/i4/p188
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