In addition to other methods we’ve discussed, a third type of variable spending model uses dynamic programming methods. These methods rely on complex computing power and mathematical equations to ...

This is a preview. Log in through your library . Abstract A general sequential model is defined where returns are in a partially ordered set. A distinction is made between maximal (nondominated) ...

This paper presents semiparametric identification results for the Rust (1994) class of discrete choice dynamic programming (DCDP) models. We develop sufficient conditions for identification of the ...