A simple proof of Ekeland and Scheinkman's result on the necessity of a transversality condition

DOI10.1007/s001990050021zbMath0966.90079OpenAlexW2006521536MaRDI QIDQ1974605

Takashi Kamihigashi

Publication date: 2000

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s001990050021

zbMATH Keywords

dynamic optimizationtransversality condition

Mathematics Subject Classification ID

Dynamic programming (90C39) Economic growth models (91B62) Optimality conditions (49K99)

Related Items (4)

Necessity of the transversality condition for stochastic models with bounded or CRRA utility ⋮ DEFLATIONARY BUBBLES ⋮ Necessity of transversality conditions for stochastic problems. ⋮ Necessity of a transversality condition in a firm's intertemporal optimization

This page was built for publication: A simple proof of Ekeland and Scheinkman's result on the necessity of a transversality condition