Ramsey–Lewis method
= Ramsey–Lewis method
{wiki=Ramsey–Lewis_method}
The Ramsey–Lewis method refers to a specific approach for analyzing and solving economic models, particularly those related to intertemporal choices and optimal growth. It is named after economists Frank P. Ramsey and David Lewis, who contributed to the field of economic dynamics and optimal control. In general terms, the Ramsey model, which is part of this method, focuses on how an economy can optimally allocate resources over time to maximize utility or welfare.