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Dynamic Programming Theory

Author

Listed:
  • Tomas Björk

    (Stockholm School of Economics)

  • Mariana Khapko

    (University of Toronto)

  • Agatha Murgoci

    (Ørsted)

Abstract

Although our objective is to study time-inconsistent control problems, we will in fact make use of ideas from dynamic programming in our study. In this chapter we therefore give a brief summary of standard discrete-time dynamic programming. We will give the main arguments while going lightly on some of the more technical issues, sweeping measurability and integrability issues under the carpet.

Suggested Citation

Handle: RePEc:spr:sprfcp:978-3-030-81843-2_2
DOI: 10.1007/978-3-030-81843-2_2
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