Dynamic Programming in Python

Introduction to Dynamic Programming

We have studied the theory of dynamic programming in discrete time under certainty. Let's review what we know so far, so that we can start thinking about how to take to the computer.

The Problem

We want to find a sequence $\{x_t\}_{t=0}^\infty$ and a function $V^*:X\to\mathbb{R}$ such that

$$V^{\ast}\left(x_{0}\right)=\sup\limits _{\left\{ x_{t}\right\} _{t=0}^{\infty}}\sum\limits _{t=0}^{\infty}\beta^{t}U(x_{t},x_{t+1})$$

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Faster Dynamic Programming with Numba

Faster Computations with Numba

Some notes mostly for myself, but could be useful to you

Altough Python is fast compared to other high-level languages, it still is not as fast as C, C++ or Fortran. Luckily, two open source projects Numba and Cython can be used to speed-up computations. Numba is sponsored by the producer of Anaconda more ...


Economic Data Analysis in Python

Working with Economic data in Python

This notebook will introduce you to working with data in Python. You will use packages like Numpy to manipulate, work and do computations with arrays, matrices, and such, and anipulate data (see my Introduction to Python). But given the needs of economists (and other scientists) it will be advantageous for us to use pandas more ...


Introduction to Python

Introduction to Python and IPython using Jupyter

Python is a powerful and easy to use programming language. It has a large community of developers and given its open source nature, you can find many solutions, scripts, and help all over the web. It is easy to learn and code, and faster than other high-level programming languages...and did I mention it is free more ...


Dynamic Programming in Python

Introduction to Dynamic Programming

We have studied the theory of dynamic programming in discrete time under certainty. Let's review what we know so far, so that we can start thinking about how to take to the computer.

The Problem

We want to find a sequence \(\{x_t\}_{t=0}^\infty …

more ...