optimal growth model
C35812
concept
An optimal growth model is a dynamic economic framework that determines how a representative agent or planner allocates consumption and investment over time to maximize intertemporal welfare subject to resource and technological constraints.
Observed surface forms (2)
- intertemporal choice model ×3
- representative agent model ×2
Instances (5)
- Ramsey–Cass–Koopmans model
- Fisherian intertemporal choice theory via concept surface "intertemporal choice model"
- Lucas asset pricing model via concept surface "representative agent model"
- Lucas tree model via concept surface "representative agent model"
- Modigliani–Brumberg model via concept surface "intertemporal choice model"