turnpike betydelse and definition

Exempel på turnpike

• The main results are stochastic turnpike theorems with exponential estimates of the convergence rate.

• The canals, the turnpike roads, the improved agriculture were there for all to see.

• Hence, this is not the usual turnpike property, in the sense that convergence occurs at a rate rather than at a level.

• In the more general, nonstationary case, we obtain several turnpike results.

• It made it a lot easier to prove stochastic analogs of turnpike theorems, and take care of existence at the same time.

• A catenary turnpike theorem involving consumption and the golden rule.

• We concentrate attention on the exponential turnpike property and undertake a systematic investigation of it.

• Corporations - factories, turnpikes, canals, rails - were the point of departure from traditional face-to-face interactions into the modern world of inhuman entities operating through interactions between strangers.