Browsing Working Papers by Subject "Recursive methods"

DSpace/Manakin Repository

Browsing Working Papers by Subject "Recursive methods"

Sort by: Order: Results:

  • Icon
    Title: Recursive Contracts  Author(s): MARCET, Albert; MARIMON, Ramon Date: 2011-01-01 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: We obtain a recursive formulation for a general class of contracting problems involving incentive constraints. These constraints make the corresponding maximization sup problems non-recursive. Our approach consists of ...
  • Icon
    Title: Recursive Contracts  Author(s): MARCET, Albert; MARIMON, Ramon Date: 2011 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: We obtain a recursive formulation for a general class of contracting problems involving incentive constraints. These constraints make the corresponding maximization sup problems non-recursive. Our approach consists of ...
  • Icon
    Title: Inequality Constraints in Recursive Economies  Author(s): RENDAHL, Pontus Date: 2006 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Dynamic models with inequality constraints pose a challenging prob- lem for two major reasons: Dynamic Programming techniques often necessitate a non established differentiability of the value function, while Euler ...