Dynamic Optimization Part 1: Preliminaries
27:07
YouTubeKlaus Prettner
Dynamic Optimization Part 1: Preliminaries
This is a crash course in dynamic optimization for economists consisting of three parts. Part 1 discusses the preliminaries such as basic definitions and notational conventions and an introduction to difference equations and differential equations. Part 2 introduces dynamic optimization in discrete time, first motivated by a standard Lagrangian ...
27.1K viewsFeb 9, 2021
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