Search for tag: "verification theorem"

Lecture 5

Solution of the problem in terms of value function and optimal policy.

From  Tiziano Vargiolu 3 plays 0  

Lecture 4

A general one-dimensional singular control problem. Verification Theorem and solution.

From  Tiziano Vargiolu 6 plays 0  

Lecture 2

Proof of the Verification Theorem.

From  Tiziano Vargiolu 10 plays 0  

Lecture 1

Formulation of the problem with a motivating example. Heuristics for the value function and its link with a variational inequality. Verification theorem.

From  Tiziano Vargiolu 15 plays 0