کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1709510 1012855 2011 7 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
On the terminal condition for the Bellman equation for dynamic optimization with an infinite horizon
موضوعات مرتبط
مهندسی و علوم پایه سایر رشته های مهندسی مکانیک محاسباتی
پیش نمایش صفحه اول مقاله
On the terminal condition for the Bellman equation for dynamic optimization with an infinite horizon
چکیده انگلیسی

In this work a sufficient condition for deterministic dynamic optimization with discrete time and infinite horizon is formulated. It encompasses also situations where the instantaneous payoff/utility function can attain infinite values.The usual terminal condition for sufficiency of the Bellman equation requiring that the limit superior of the value function along each admissible trajectory is equal to 0 is replaced by a weaker one in which the limit superior of the value function can attain nonpositive values.This kind of terminal condition is applicable also to deterministic dynamic optimization problems with real-valued instantaneous payoff function in which the usual terminal condition does not hold.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Applied Mathematics Letters - Volume 24, Issue 6, June 2011, Pages 943–949
نویسندگان
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