Existence and Uniqueness of a Fixed Point for Local Contractions
From MaRDI portal
Publication:3576888
DOI10.3982/ECTA7920zbMath1194.91114OpenAlexW2162887911MaRDI QIDQ3576888
Yiannis Vailakis, V. Filipe Martins-da-Rocha
Publication date: 3 August 2010
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.3982/ecta7920
fixed-point theoremBellman operatorrecursive utilityThompson aggregatorlocal contractionKoopmans operator
Fixed points and periodic points of dynamical systems; fixed-point index theory; local dynamics (37C25) Economic dynamics (91B55)
Related Items (21)
Unbounded dynamic programming via the Q-transform ⋮ Necessity of the terminal condition in the infinite horizon dynamic optimization problems with unbounded payoff ⋮ Multivalued self almost local contractions ⋮ Markov perfect equilibria in OLG models with risk sensitive agents ⋮ An approximation approach to dynamic programming with unbounded returns ⋮ Convex dynamic programming with (bounded) recursive utility ⋮ Stochastic optimal growth model with risk sensitive preferences ⋮ On discounted dynamic programming with unbounded returns ⋮ Discounted dynamic programming with unbounded returns: application to economic models ⋮ On recursive utilities with non-affine aggregator and conditional certainty equivalent ⋮ Unique solutions for stochastic recursive utilities ⋮ Optimal timing of decisions: a general theory based on continuation values ⋮ Coase meets Bellman: dynamic programming for production networks ⋮ New classes of local almost contractions ⋮ Thompson aggregators, Scott continuous koopmans operators, and least fixed point theory ⋮ Dynamic programming with state-dependent discounting ⋮ Elementary results on solutions to the Bellman equation of dynamic programming: existence, uniqueness, and convergence ⋮ Stochastic games with unbounded payoffs: applications to robust control in economics ⋮ Time consistent Markov policies in dynamic economies with quasi-hyperbolic consumers ⋮ On temporal aggregators and dynamic programming ⋮ Infinite-horizon deterministic dynamic programming in discrete time: a monotone convergence principle and a penalty method
This page was built for publication: Existence and Uniqueness of a Fixed Point for Local Contractions
