Dynamic Programming Volume II: General States Now Available

13 Mar 2026

Volume II of Dynamic Programming by Thomas J. Sargent and John Stachurski is now available for free download.

Volume II: General States extends the finite state framework of Volume I to general state spaces, covering:

Part I: General Theory

  • Abstract Dynamic Programs (Parts 1-3)
  • Transforms

Part II: Models and Applications

  • Concave DP Problems
  • Risk-Sensitive Dynamic Programming
  • Applications

The book is available as a free PDF download from the Dynamic Programming website, alongside Volume I and its accompanying code and slides.

Published by: QuantEcon


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