Necessity of the transversality condition for stochastic models with bounded or CRRA utility
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Publication:956434
DOI10.1016/j.jedc.2004.07.007zbMath1198.91155OpenAlexW2569319662MaRDI QIDQ956434
Publication date: 25 November 2008
Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)
Full work available at URL: https://www.rieb.kobe-u.ac.jp/academic/ra/dp/English/dp152.pdf
Stochastic models in economics (91B70) Multisectoral models in economics (91B66) Economic growth models (91B62)
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