0346983 20240103193824.520101004235959.9 000287979900056 6 s. cav_un_epca*0346981978-80-7394-218-2Part II328-333České BudějoviceUniversity of South Bohemia in České Budějovice, Faculty of Economy2010HoudaMichalFriebelováJana Ramsey stochastic model Multistage stochastic programming Confidence intervals Autoregressive sequences Stability Empirical estimates cav_un_auth*0101122 Kaňková Vlasta Ekonometrie Department of Econometrics E E UTIA-B Department of Econometrics Ústav teorie informace a automatizace AV ČR, v. v. i. http://library.utia.cas.cz/separaty/2010/E/kankova-ramsey stochastic model via multistage stochastic programming.pdf GAP402/10/0956 GA ČR cav_un_auth*0263482 GA402/08/0107 GA ČR CZ cav_un_auth*0240545 GAP402/10/1610 GA ČR cav_un_auth*0263483 CEZ:AV0Z10750506 Ramsey model belongs to ``classical" economic dynamic models. It has been (1928)originally constructed (with a farmer interpretation)in a deterministic setting. Later this model has been generalized to a stochastic version. Time horizont in the original deterministic model as well as in modified stochastic one can be considered finite or infinite. The contribution deals with the stochastic model and finite horizont. However, in spite of the classical approach to analyze it we employ a stochastic programming technique. This approach gives a possibility to employ well known results on stability and empirical estimates also in the case of Ramsey model. However, first, we introduce some confidence intervals. To obtain the new assertions we restrict our consideration mostly to the case when the ``underlying" random element follows autoregressive (or at least Markov) sequence. cav_un_auth*0263926 28th International Conference on Mathematical Methods in Economics 2010 České Budějovice 08.09.2010-10.09.2010 CZ 2011 AH http://hdl.handle.net/11104/0187863 2010 000287979900056 WOS cav_un_epca*0346981 28th International Conference on Mathematical Methods in Economics 2010 Part II 978-80-7394-218-2 328 333 České Budějovice University of South Bohemia in České Budějovice, Faculty of Economy 2010 Houda Michal 340 Friebelová Jana 340