Global numerical solution of stochastic optimal control problems
start of the project: 2002 , end of the project: 2004
funding institution: Center for Empirical Macroeconomics, University of Bielefeld
principal investigatorProf. Dr. Lars Grüne
aims of the project
The aims of the project are
- Development and analysis of global adaptive numerical algorithms for the solution of stochastic optimal control problems
- The application of these algorithms to economic models.