Discounted dynamic optimization and Bregman divergence
- Author(s)
- Gerhard Sorger
- Abstract
We define the concept of Bregman continuity and show that a function is an optimal policy function of a discounted dynamic optimization problem if and only if it is Bregman continuous.
- Organisation(s)
- Department of Economics
- Journal
- Journal of Mathematical Economics
- Volume
- 110
- ISSN
- 0304-4068
- DOI
- https://doi.org/10.1016/j.jmateco.2023.102935
- Publication date
- 02-2024
- Peer reviewed
- Yes
- Austrian Fields of Science 2012
- 502047 Economic theory
- Portal url
- https://ucris.univie.ac.at/portal/en/publications/discounted-dynamic-optimization-and-bregman-divergence(1a34eee0-23aa-4fae-9f3c-fe52edd09185).html