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On the Bellman equation of the overtaking criterion: Addendum
Authors:R. A. Dana  C. Le Van
Affiliation:(1) Université de Toulouse, France;(2) CNRS-CEPREMAP, Paris, France
Abstract:In a previous note, we discussed the properties of solutions to the Bellman equation of the Gale overtaking criterion. The purpose of this note is to show that the dynamic programming approach may also be used for the Brock criterion.We are indebted to an anonymous referee who contributed to improve this paper.
Keywords:Bellman's equation  value function  overtaking criterion  dynamical systems
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