A dynamic programming approach for nation building problems

Keyphrases

• Dynamic Programming Algorithm 100%
• Nation-building 100%
• Local Decision 60%
• Long-term Benefit 40%
• Actual State 40%
• Dynamic Programming 20%
• Social Structure 20%
• State Transition 20%
• Computationally Intensive 20%
• State Space 20%
• Solution Approach 20%
• Quantitative Methods 20%
• High Dimension 20%
• Local Model 20%
• Curse of Dimensionality 20%
• Large-scale Dynamics 20%
• Model States 20%
• Infinite Horizon 20%
• Building Model 20%
• Fixed Costs 20%
• Complex Dynamic Systems 20%
• Markov Decision Model 20%
• Programming Solution 20%
• Economic Structure 20%
• Discounted Criterion 20%
• Political Structure 20%
• Building Simulation 20%
• Online Fashion 20%
• Myopic Behavior 20%
• DP Algorithm 20%

Engineering

• Dynamic Programming 100%
• Local Decision 100%
• Gain Term 100%
• Dimensionality 66%
• Decision Rule 66%
• Actual State 66%
• Model Building 33%
• State Transition 33%
• State Model 33%
• Local Model 33%
• Fixed Costs 33%
• Simulation Mode 33%
• Markov Decision Process 33%