The high contact principle with reward functions involving initial points (Q1719172)
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scientific article; zbMATH DE number 7017292
| Language | Label | Description | Also known as |
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| English | The high contact principle with reward functions involving initial points |
scientific article; zbMATH DE number 7017292 |
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The high contact principle with reward functions involving initial points (English)
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8 February 2019
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Summary: This paper examines a class of general optimal stopping problems in which reward functions depend on initial points. Two points of view on the initial point are introduced: one is to view it as a constant, and the other is to view it as a constant process starting from the point. Based on the two different views, two versions of the generalized high contact principle are derived. Finally, we apply the generalized high contact principle to one example.
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0.7606936097145081
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0.7361862063407898
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