Solving the stochastic growth model with a finite element method
Article Abstract:
An attempt is made to solve the stochastic growth model using the finite element method. This approach is an algorithm for analyzing functional equations and is often used in engineering applications. Applied to the stochastic growth model, the finite element method is shown to be easy to apply and to speedily generate accurate solutions with the use of a PC.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 1996
Models, Growth, Growth (Physiology), Stochastic processes, Finite element method
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 1996
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Dynamic oligopolistic games under uncertainty: a stochastic programming approach
Article Abstract:
The usage of stochastic programming approach for evaluating the oligopolistic market in Canadian electricity industry is presented.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2007
Canada, Electric Utilities, Electric Power Generation, Transmission and Distribution, Forecasts, trends, outlooks, Electric services, Evaluation, Oligopolies, Stochastic programming, Industry forecasts
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2007
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