Timeline for Solving the Hamilton-Jacobi-Bellman equation; necessary and sufficient for optimality?
Current License: CC BY-SA 3.0
18 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Oct 13, 2017 at 3:17 | history | bumped | CommunityBot | This question has answers that may be good or bad; the system has marked it active so that they can be reviewed. | |
| Sep 13, 2017 at 3:15 | history | bumped | CommunityBot | This question has answers that may be good or bad; the system has marked it active so that they can be reviewed. | |
| Aug 14, 2017 at 2:34 | history | bumped | CommunityBot | This question has answers that may be good or bad; the system has marked it active so that they can be reviewed. | |
| Jul 15, 2017 at 2:22 | history | bumped | CommunityBot | This question has answers that may be good or bad; the system has marked it active so that they can be reviewed. | |
| Jun 15, 2017 at 1:25 | history | bumped | CommunityBot | This question has answers that may be good or bad; the system has marked it active so that they can be reviewed. | |
| May 16, 2017 at 0:30 | history | bumped | CommunityBot | This question has answers that may be good or bad; the system has marked it active so that they can be reviewed. | |
| Apr 16, 2017 at 0:04 | answer | added | Brian Romanchuk | timeline score: 2 | |
| Jul 29, 2015 at 10:40 | comment | added | clueless | Well, I stumbled over "sufficient only" against "necessary and sufficient". If one would have asked me "you solved the HJB, but how do I know that the necessary conditions are met?" I would have had to shrug and reply "don't know". Can we conjecture that solving the HJB implies fulfillment of necessary optimality conditions? | |
| Jul 29, 2015 at 10:00 | comment | added | Alecos Papadopoulos | I am not sure what is asked here: if per Bertsekas solving HJB is sufficient, then you do not have to "worry about additional optimality conditions". The "sufficient only" against "necessary and sufficient" would arise in case HJB was not solved -in which case one would say "this does not mean that there is no solution". By the way, your Attempts I and II are valuable content here - the first showing a link bewteen HJB and Optimal Control, the second showing how the Optimal Control FOCs can be derived. | |
| Jul 14, 2015 at 13:22 | comment | added | clueless | I think that this thread is better suited for math.stackexchange.com since it is not really linked to econ. A mod may transfer it. | |
| Jul 14, 2015 at 9:52 | history | edited | clueless | CC BY-SA 3.0 |
added 1696 characters in body
|
| Jul 11, 2015 at 8:16 | history | edited | clueless | CC BY-SA 3.0 |
found solution
|
| Jul 11, 2015 at 8:12 | comment | added | clueless | Ramsey model for instance cer.ethz.ch/resec/people/tsteger/Ramsey_Model.pdf | |
| Jul 11, 2015 at 8:10 | history | edited | clueless | CC BY-SA 3.0 |
found solution
|
| Jul 11, 2015 at 5:04 | comment | added | Stan Shunpike | In what economic context does this come up? | |
| Jul 9, 2015 at 8:39 | history | edited | clueless | CC BY-SA 3.0 |
clarified question
|
| Jul 8, 2015 at 22:47 | comment | added | Jamzy | have you identified the necessary and sufficient conditions yet? | |
| Jul 8, 2015 at 13:56 | history | asked | clueless | CC BY-SA 3.0 |