Necessity of transversality conditions for stochastic problems.
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Publication:1810700
DOI10.1016/S0022-0531(02)00038-8zbMath1137.91559MaRDI QIDQ1810700
Publication date: 9 June 2003
Published in: Journal of Economic Theory (Search for Journal in Brave)
Stochastic optimizationmodelStochastic growth modelHomogeneous returnsStochastic reduced-formTransversality condition
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Cites Work
- Characterization by prices of optimal programs under uncertainty
- A simple proof of the necessity of the transversality condition
- A simple proof of Ekeland and Scheinkman's result on the necessity of a transversality condition
- Some Clarifications on the Transversality Condition
- Transversality Conditions for Some Infinite Horizon Discrete Time Optimization Problems
- Transversality Condition in a Multi-Sector Economy under Uncertainty
- Necessity of Transversality Conditions for Infinite Horizon Problems
- On Existence of Weakly Maximal Programmes in a Multi-Sector Economy
- Duality Theory for Infinite Horizon Convex Models
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