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

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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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