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Dynamic Programming with Adaptive Grids by eeeeewwwwwwwwsssssssss is a document available to read on EtoBox.

What is Dynamic Programming with Adaptive Grids about?

1) The document describes a numerical method for solving dynamic optimization problems using dynamic programming with an adaptive grid scheme. 2) It applies this method to solve several one-dimensional and two-dimensional economic models that exhibit complicated dynamics like multiple equilibria and thresholds. 3) The adaptive grid scheme allows the method to more accurately capture features like steep curvature in the value function, improving on previous fixed grid techniques.

Author

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Language

EN