Necessity of Transversality Conditions for Infinite Horizon Problems

By Takashi Kamihigashi. 2001

128 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/65cb397fefabe8fca2ea100da94f7fc72751332b

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In Economics and Econometrics

1. Ken Sennewald
2. Klaus Wälde

Citations in the corpus

• Controlled Stochastic Differential Equations under Poisson Uncertainty and with Unbounded Utility (2007, background): “In a deterministic framework, Michel (1982) and later Kamihigashi (2001) show that such terminal (or transversality) conditions may even be necessary conditions.”
• The Pontryagin maximum principle and optimal economic growth problems (2007, unknown): “, Mathematical optimization and economic theory, Prentice-Hall, Englewood Cliffs, NJ, 1971 MathSciNet [64] Kamihigashi T.”