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Volumn 20, Issue 2, 2002, Pages 427-433

A simple proof of the necessity of the transversality condition

Author keywords

Dynamic optimization; Reduced form model; Transversality condition

Indexed keywords


EID: 0036025530     PISSN: 09382259     EISSN: None     Source Type: Journal    
DOI: 10.1007/s001990100198     Document Type: Article
Times cited : (21)

References (13)
  • 1
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    • Araujo, A., Scheinkman, J. A.: Maximum principle and transversality condition for concave infinite horizon economic models. Journal of Economic Theory 30, 1-16 (1983)
    • (1983) Journal of Economic Theory , vol.30 , pp. 1-16
    • Araujo, A.1    Scheinkman, J.A.2
  • 3
    • 49049134464 scopus 로고
    • Duality theory for dynamic optimization models of economics: The continuous time case
    • Benveniste, L. M., Scheinkman, J. A.: Duality theory for dynamic optimization models of economics: The continuous time case. Journal of Economic Theory 27, 1-19 (1982)
    • (1982) Journal of Economic Theory , vol.27 , pp. 1-19
    • Benveniste, L.M.1    Scheinkman, J.A.2
  • 4
    • 0022721969 scopus 로고
    • Transversality conditions for some infinite horizon discrete time optimization problems
    • Ekeland, I., Scheinkman, J. A.: Transversality conditions for some infinite horizon discrete time optimization problems. Mathematics of Operations Research 11, 216-229 (1986)
    • (1986) Mathematics of Operations Research , vol.11 , pp. 216-229
    • Ekeland, I.1    Scheinkman, J.A.2
  • 5
    • 84959817843 scopus 로고
    • On optimal development in a multi-sector economy
    • Gale, D.: On optimal development in a multi-sector economy. Review of Economic Studies 34, 1-18 (1967)
    • (1967) Review of Economic Studies , vol.34 , pp. 1-18
    • Gale, D.1
  • 6
    • 0034350195 scopus 로고    scopus 로고
    • A simple proof of Ekeland and Scheinkman's result on the necessity of a transversality condition
    • Kamihigashi, T.: A simple proof of Ekeland and Scheinkman's result on the necessity of a transversality condition. Economic Theory 15, 463-468 (2000a)
    • (2000) Economic Theory , vol.15 , pp. 463-468
    • Kamihigashi, T.1
  • 7
    • 4243632140 scopus 로고    scopus 로고
    • Necessity of transversality conditions for infinite horizon problems
    • Kamihigashi, T.: Necessity of transversality conditions for infinite horizon problems. Econometrica (forthcoming) (2000b)
    • (2000) Econometrica (forthcoming)
    • Kamihigashi, T.1
  • 8
    • 0012998542 scopus 로고    scopus 로고
    • Necessity of transversality conditions for stochastic problems
    • Kobe University
    • Kamihigashi, T.: Necessity of transversality conditions for stochastic problems. RIEB Discussion Paper Series No. 115, Kobe University (2000c)
    • (2000) RIEB Discussion Paper Series , vol.115
    • Kamihigashi, T.1
  • 9
    • 0000945876 scopus 로고
    • Some clarifications the transversality condition
    • Michel, P.: Some clarifications the transversality condition. Econometrica 58, 705-723 (1990)
    • (1990) Econometrica , vol.58 , pp. 705-723
    • Michel, P.1
  • 11
    • 0002558974 scopus 로고
    • On optimal consumptions plans in a multi-sector economy
    • Peleg, B., Ryder, H.E., Jr.: On optimal consumptions plans in a multi-sector economy. Review of Economic Studies 39, 159-169 (1972)
    • (1972) Review of Economic Studies , vol.39 , pp. 159-169
    • Peleg, B.1    Ryder H.E., Jr.2
  • 13
    • 0000137056 scopus 로고
    • Duality theory for infinite horizon convex models
    • Weitzman, M. L.: Duality theory for infinite horizon convex models. Management Science 19, 783-789 (1973)
    • (1973) Management Science , vol.19 , pp. 783-789
    • Weitzman, M.L.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.