Value Function Deriv

Documentation

Lean 4 Proof

def valueFunctionDeriv (J ρ c : ℝ) : ℝ :=
  marginalK J ρ * perCapitaBenefit J ρ c +
  curvatureKReal J ρ * ((1 / ρ - 1) * J ^ (1 / ρ - 2) * c)

Dependency Graph

Module Section

Paper 1c: Formal Calculus on K(J) and V(J)