In this paper we study a class of infinite horizon optimal control problemswith incentive constraints in the discrete time case. More specifically, we establish sufficient conditions under which the value function associated to such problems satisfies the Dynamic Programming Principle.

On the dynamic programming approach for incentive constrained problems / Gozzi, Fausto; Monte, R.; Tessitore, M. E.. - 687:(2018), pp. 81-96. [10.1007/978-3-319-75169-6_5]

On the dynamic programming approach for incentive constrained problems

GOZZI, FAUSTO;
2018

Abstract

In this paper we study a class of infinite horizon optimal control problemswith incentive constraints in the discrete time case. More specifically, we establish sufficient conditions under which the value function associated to such problems satisfies the Dynamic Programming Principle.
978-3-319-75168-9
On the dynamic programming approach for incentive constrained problems / Gozzi, Fausto; Monte, R.; Tessitore, M. E.. - 687:(2018), pp. 81-96. [10.1007/978-3-319-75169-6_5]
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11385/5122
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