Teaching

Discrete and Continuous Time Bellman Equations

These slides provide a methodology for transitioning from a discrete time Bellman equation formulation to a continuous time formulation. This can be used effectively as an exercise by the theoretical modeler who wishes to increase their understanding of the workings of optimal control theory, as well as a tool for the researcher who would like to reformulate a favorable Bellman equation from discrete to continuous time or vice versa.

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