Necessity of the terminal condition in the infinite horizon dynamic optimization problems with unbounded payoff (Q2662296): Difference between revisions
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scientific article
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English | Necessity of the terminal condition in the infinite horizon dynamic optimization problems with unbounded payoff |
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Necessity of the terminal condition in the infinite horizon dynamic optimization problems with unbounded payoff (English)
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12 April 2021
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dynamic optimization
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infinite horizon
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unbounded payoffs
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feedback controls
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Bellman equation
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terminal condition
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necessity
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sufficiency
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resource extraction
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fish wars
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