Open AccessComputing Stochastic Dynamic Economic Models with a Large Number of State Variables: A Description and Application of a Smolyak-Collocation Method
Author(s) -
Benjamin Malin,
Dirk Krueger,
Felix Kübler
Publication year - 2007
Language(s) - English
Resource type - Reports
DOI - 10.3386/t0345
Subject(s) - collocation (remote sensing) , state (computer science) , computer science , mathematics , state variable , collocation method , mathematical optimization , algorithm , mathematical analysis , thermodynamics , physics , machine learning , ordinary differential equation , differential equation