Summary We compare projection methods with the standard value function grid algorithm in order to solve overlapping … dominate standard value function grid methods in terms of speed and required storage capacity. Furthermore, we apply projection … also solvable with the help of ordinary personal computers using projection methods, while the use of value function grid …

We compare projection methods with the standard value function grid algorithm in order to solve overlapping generations … standard value function grid methods in terms of speed and required storage capacity. Furthermore, we apply projection methods … also solvable with the help of ordinary personal computers using projection methods, while the use of value function grid …