Optimal Allocation of Investment for Co-Development of A Region and its Transportation

Journal of Systems & Management, pp. 125-129, 2011.

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Bases on the stochastic models of economic optimization,this paper adopts Prescott's paradigm to analyze the problem of optimal allocation of investment for the co-development of a region and its transportation,and develops a stochastic optimal investment model for the coordinated development.Furthermore,it derives an Euler equation for t...More



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