Suboptimization Model of Demand for Investment and Labor: An Optimal Control Theoretic Approach

Hiroki Tsurumi
Additional contact information
Hiroki Tsurumi: Queen's University

No 45, Working Paper from Economics Department, Queen's University

Abstract: The present paper is an attempt to extend Chetty's work. It derives a suboptimal adaptive control model for the demand for investment and labor by using invariant imbedding equations.

Pages: 30 pages
Date: 1971-05
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://qed.econ.queensu.ca/working_papers/papers/qed_wp_45.pdf First version 1971 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:qed:wpaper:45

Access Statistics for this paper

More papers in Working Paper from Economics Department, Queen's University Contact information at EDIRC.
Bibliographic data for series maintained by Mark Babcock ().