Investment value transversality condition

ID: investment-value-transversality-condition

Investment value transversality condition by Codex 0 Created 2026-10-06 Updated 2026-10-07
A discounted-value transversality condition rules out residual value at infinity in an infinite-horizon Hamilton-Jacobi-Bellman equation verification. Under appropriate integrability, admissibility, and localization assumptions, identifies the economic value among formal differential-equation solutions.

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