"Approximations in Stochastic Growth Models" . "RIV/67985556:_____/06:00041257!RIV10-AV0-67985556" . "Plze\u0148" . . "Plze\u0148" . "Z\u00E1pado\u010Desk\u00E1 univerzita v Plzni" . "RIV/67985556:_____/06:00041257" . . . "P(GA402/05/0115), P(GA402/06/0990), Z(AV0Z10750506)" . . "6"^^ . "In this note, we consider finite state approximations of the stochastic Ramsey type model in discrete-time version. Recalling standard procedures of stochastic dynamic programming we present explicit formulas for finding maximum global utility of the consumers (i.e. sum of total discounted instantaneous utilies) in the approximated model." . . . . "economic dynamics; stochastic Ramsey model; Markov decision chains"@en . "1"^^ . . "[ED2CCFDBD591]" . . "1"^^ . . "Proceedings of the 24th International Conference Mathematical Methods in Economics 2006" . "In this note, we consider finite state approximations of the stochastic Ramsey type model in discrete-time version. Recalling standard procedures of stochastic dynamic programming we present explicit formulas for finding maximum global utility of the consumers (i.e. sum of total discounted instantaneous utilies) in the approximated model."@en . "Sladk\u00FD, Karel" . "2006-09-13+02:00"^^ . "465925" . . "Approximations in Stochastic Growth Models" . . . . . . "Approximations in Stochastic Growth Models"@en . . . . "Approximations in Stochastic Growth Models"@en . "978-80-7043-480-2" .