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A Dynamic Theory of Resource Wars

✍ Scribed by Acemoglu, D.; Golosov, M.; Tsyvinski, A.; Yared, P.


Book ID
115520583
Publisher
MIT Press
Year
2012
Tongue
English
Weight
376 KB
Volume
127
Category
Article
ISSN
0033-5533

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It 1s possible to think of numerous economic problems involving dynamic constralned optimization where dual representations exist and possibly can be characterized. One example arises in the theory of dynamic factor demand and, more generally, investment declslons. Its duality structure has been stu