Iteration is the process of repeating steps. For example, a very simple algorithm for eating breakfast cereal might consist of these steps: put cereal in bowl add milk to cereal spoon cereal and milk ...
This repository contains MATLAB implementations of various computational methods for solving dynamic macroeconomic models. All codes solve a standard Real Business Cycle (RBC) model using different ...
Abstract: Research indicates that perturbation analysis (PA), Markov decision processes (MDP), and reinforcement learning (RL) are three closely-related areas in discrete event dynamic system ...
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