@misc{Maćkowiak_Piotr_Adaptive_2010,
 author={Maćkowiak, Piotr},
 year={2010},
 rights={Wszystkie prawa zastrzeżone (Copyright)},
 publisher={Uniwersytet Ekonomiczny we Wrocławiu},
 description={Argumenta Oeconomica, 2010, Nr 2 (25), s. 117-136},
 language={eng},
 abstract={0BHere we prove the goodness property of adaptive rolling plans in a multisector optimal growth model under decreasing returns in deterministic environment. Goodness is achieved as a result of fast convergence (at an asymptotically geometric rate) of the rolling plan to balanced growth path. Further on, while searching for goodness, we give a new proof of strong concavity of an indirect utility function – this result is achieved just with help of some elementary matrix algebra and differential calculus.},
 title={Adaptive rolling plans good},
 type={artykuł},
 keywords={indirect utility function, adaptive rolling planning, multisector model, goog plans},
}