Necessity of the terminal condition in the infinite horizon dynamic optimization problems with unbounded payoff (Q2662296)

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scientific article; zbMATH DE number 7332334
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    Necessity of the terminal condition in the infinite horizon dynamic optimization problems with unbounded payoff
    scientific article; zbMATH DE number 7332334

      Statements

      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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